Family-Style Multifamily
For Sale
Contact for pricing
321 Arizona St SE, Albuquerque, NM 87108
Compound includes five rental units plus a 1,530 sf single-family home.
Property SizeContact for details
Days on Market123
Property Features for 321 Arizona St SE
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
N.M. Apartments, Inc.
(505) 440-8633
Listed By:
Todd Clarke · License #13711
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 20 at 7:40PM
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.
On behalf of the owner, NM Apartment Advisors and T & C Management are offering a unique family-style rental compound in Albuquerque. The property consists of 5 rental units and a 1,530 square foot single-family home, for a total of 6 units on the site at 321-3 Arizona St SE.
The trustee has authorized marketing the large owner’s unit as rent ready and vacant at closing. The compound is located directly north of the “castle” apartment community referenced in the offering materials, supporting tenant demand and rental performance.
Full inspections have been completed and are available to qualified investors who complete the online confidentially agreement at www.nmapartment.com/arizona. Additional underwriting information, rents, expenses, and photos are referenced in the 16-page property flyer available through the listing materials.
The trustee has authorized marketing the large owner’s unit as rent ready and vacant at closing. The compound is located directly north of the “castle” apartment community referenced in the offering materials, supporting tenant demand and rental performance.
Full inspections have been completed and are available to qualified investors who complete the online confidentially agreement at www.nmapartment.com/arizona. Additional underwriting information, rents, expenses, and photos are referenced in the 16-page property flyer available through the listing materials.
Key Highlights
- Family‑style rental compound with 5 rental units plus a 1,530 SF single‑family home at 321‑3 Arizona SE (Albuquerque).
- 1,530 SF owner’s unit is authorized to be marketed as rent ready and vacant at closing; potential rent listed at $1,200.
- Investment performance metrics provided: asking price $428,358; average rent $708; GRM 8.41; cap rate 7.57% (before reserves).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,062
Businesses Nearby
Explore this area
Business Placement
Demographics for 87108, NM
36,773
Population
19,153
Households
1.9
Avg Household Size
39
Median Age
33%
College-Educated
85%
High-School Grad
5.9 sq mi
ZIP Area
6,233
Density / Sq Mi
$39,578
Median Household Income
$31,478
Median Earnings
$828
Median Rent
$227,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Compound includes five rental units plus a 1,530 sf single-family home.
Where is this apartment building located?
The property is located at 321 Arizona St SE Albuquerque, NM.
What are key features of this property?
This property features: Family‑style rental compound with 5 rental units plus a 1,530 SF single‑family home at 321‑3 Arizona SE (Albuquerque).; 1,530 SF owner’s unit is authorized to be marketed as rent ready and vacant at closing; potential rent listed at $1,200.; Investment performance metrics provided: asking price $428,358; average rent $708; GRM 8.41; cap rate 7.57% (before reserves).
