3605 Wellesley Drive Northeast, Albuquerque, NM 87107

Listing Agency: N.M. Apartments, Inc.

Listed By: Todd Clarke · License NM #13711 Show Phone

Source: Crexi

Added: Nov 2 Changed: Nov 11 Last Checked: Nov 12 at 4:37AM

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Investment Insights

Based on property information with market context.

This apartment portfolio spans three parcels at 3601, 3605 and 3609 Wellesley Drive Northeast in Albuquerque, New Mexico. A shared laundry room serves residents.

Key Highlights

• Three parcels at 3601, 3605 and 3609 Wellesley Drive Northeast
• Shared laundry room for residents

Location Intelligence

Trade Area within ½ mile

1,459

Businesses Nearby

Explore this area Business Placement

Demographics for 87107, NM

30,340

Population

13,441

Households

2.3

Avg Household Size

44

Median Age

39%

College-Educated

92%

High-School Grad

14.6 sq mi

ZIP Area

2,078

Density / Sq Mi

$59,663

Median Household Income

$36,392

Median Earnings

$901

Median Rent

$282,000

Median Home Value

Market

Average Price Trend$/SF for Apartment buildings in Albuquerque, NM

$254 Jul

$180 Aug

$178 Sep

$183 Oct

Properties on Market for Apartment buildings in Albuquerque

Jul

Aug

Sep

Oct

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Three separately addressed parcels share a resident laundry facility in Albuquerque.

Where is this apartment building located?

The property is located at 3605 Wellesley Drive Northeast Albuquerque, NM.

What is the asking price?

The asking price for this property is $2,445,000.

What are key features of this property?

This property features: Three parcels at 3601, 3605 and 3609 Wellesley Drive Northeast; Shared laundry room for residents