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317 Palomas Dr NE, Albuquerque, NM, 87108
Garden-Style Apartment Community with Atrium

317 Palomas Dr NE Albuquerque, NM 87108

For Sale
Contact for pricing
Pending

Three-story, double-loaded corridor apartment community with a garden-style atrium, on-site laundry, and covered parking for 16 units.

Property Size9,600 SF
Days on Market230

Property Features for 317 Palomas Dr NE

General Information

Standard status
Pending
Size
9,600 SF
Property subtype
Multifamily

Building Details

Year Built
1974
Listing Agency: N.M. Apartments, Inc.
Listed By: Todd Clarke · License #13711
Source: Crexi
Added: Dec 8, 2025 Changed: Jul 23 Last Checked: Jul 24 at 4:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of N.M. Apartments, Inc.


Investment Insights

Based on property information with market context.

Mardi Villas is a three-story, double-loaded corridor garden apartment community featuring a garden-style atrium. The property includes 16 units and is described as a 1970s vintage design, known for its distinctive architecture and corner presence with parking tucked under the building. On-site laundry and covered parking are available, along with extra spaces that could support additional community uses.

The community is located at 317 Palomas Dr NE in Albuquerque, just east of Nob-Hill. It is positioned along two major transit/biking corridors that provide access to the University of New Mexico, and the property is presented as well-suited for housing demand in the UNM/CNM and Uptown submarkets.

This is a for-sale investment offering and is marketed as first listed in more than three decades. A detailed flyer and virtual tour are available through the seller’s provided materials.

Key Highlights

  • 16‑unit apartment community built in 1974 at 317 Palomas NE.
  • Three‑story, double‑loaded corridor design with a garden‑style atrium.
  • Corner location with ducked‑under parking and commanding presence.

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Parking Lot & Garage HVAC Service Travel Agency (Bike/Boat/Book/etc) Store Grocery & Convenience Store Tanning Salon Carpet & Flooring Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Three-story, double-loaded corridor apartment community with a garden-style atrium, on-site laundry, and covered parking for 16 units.
Where is this apartment building located?
The property is located at 317 Palomas Dr NE Albuquerque, NM.
What are key features of this property?
This property features: 16‑unit apartment community built in 1974 at 317 Palomas NE.; Three‑story, double‑loaded corridor design with a garden‑style atrium.; Corner location with ducked‑under parking and commanding presence.
(505) 440-8633 Call to check price and availability
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