4-Unit Apartment
For Sale
Contact for pricing
Pending
3410 Crest Ave SE, Albuquerque, NM 87106
Professionally managed multifamily property with enclosed outdoor areas and several updated apartment interiors.
Property SizeContact for details
Days on Market142
Property Features for 3410 Crest Ave SE
General Information
Standard status
Pending
Property subtype
Multifamily
Financials
Cap Rate
6.93%
Gross Income
$40,200
Gross Rent Multiplier
9.18
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Amenities
enclosed backyard
evaporative coolers
Building Details
Buildings
1
Listing Agency:
KW Commercial Albuquerque
Listed By:
Christopher Newman · License #REC2024-0776
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 1:03PM
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 KW Commercial Albuquerque
Investment Insights
Based on property information with market context.
This quadplex contains four 1-bedroom, 1-bathroom apartments, each with an enclosed backyard. Three units have updated kitchens and bathrooms, while the property also benefits from fresh exterior paint and newer evaporative coolers serving each apartment. Professional management is in place. One apartment is undergoing renovation and preparation for leasing; occupancy details are omitted due to conflicting source information.
The property is located in Albuquerque’s University area near Kirtland Air Force Base, Sandia National Laboratories, the regional VA Medical Center, Puerta del Sol Golf Course, the upcoming MaxQ mixed-use development at Kirtland, and the city transit system. Investment metrics include a 6.93% cap rate and 9.18 GRM.
The property is located in Albuquerque’s University area near Kirtland Air Force Base, Sandia National Laboratories, the regional VA Medical Center, Puerta del Sol Golf Course, the upcoming MaxQ mixed-use development at Kirtland, and the city transit system. Investment metrics include a 6.93% cap rate and 9.18 GRM.
Key Highlights
- Four 1‑bedroom, 1‑bathroom apartments
- Enclosed backyard provided for each unit
- Updated kitchens and bathrooms in 3 of 4 units
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
334
Businesses Nearby
Explore this area
Business Placement
Demographics for 87106, NM
26,987
Population
13,893
Households
1.9
Avg Household Size
32
Median Age
53%
College-Educated
91%
High-School Grad
35.8 sq mi
ZIP Area
754
Density / Sq Mi
$51,079
Median Household Income
$29,393
Median Earnings
$904
Median Rent
$332,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Professionally managed multifamily property with enclosed outdoor areas and several updated apartment interiors.
Where is this quadplex located?
The property is located at 3410 Crest Ave SE Albuquerque, NM.
What are key features of this property?
This property features: Four 1‑bedroom, 1‑bathroom apartments; Enclosed backyard provided for each unit; Updated kitchens and bathrooms in 3 of 4 units
