Apartment Building

Tucumcari, NM Apartment Buildings for Sale

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10-Unit Apartment Building
Updated: Jul 1
10-Unit Apartment Building

415 E Washington St, Tucumcari, NM 88401

$825,000
2.07 AC lot
10‑unit apartment complex on 2.07 acres
Unit mix includes eight 2‑bedroom, 1 1/2‑bath units and two 3‑bedroom, 2‑bath units
Each apartment includes 1‑2 car covered parking and a private courtyard
Two units have been rented to a hospital helicopter service for 10 years
Built in 1970 with brick and Mission Stone construction
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1 active listing matches your search: Apartment Building for sale in Tucumcari, NM. Based on your search, we've also compiled 6 Potential Opportunities for your consideration: 4 properties in nearby cities and 2 off-market properties to explore as potential leads.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

12-Unit Apartment Building
12-Unit Apartment Building

117 Townsgate Plz, Clovis, NM 88101

$1,500,000
10,240 sqft

Apartments offer one-bedroom layouts, in-unit laundry, and updates to flooring, HVAC, and water heaters in many units.

View details
Renovated 6-Unit Apartment Building
Renovated 6-Unit Apartment Building

1000 Ash St, Clovis, NM 88101

$499,900
4,950 sqft

Six fully stabilized residential units feature 2019 roof improvements and recent interior updates, with utilities individually metered.

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Student Housing Near West Texas A&M
Student Housing Near West Texas A&M

47 Valleyview Rd, Canyon, TX 79015

Contact for pricing
40,358 sqft

Multifamily community near West Texas A&M University.

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5-Unit Apartment Building
5-Unit Apartment Building

11074 VERANO Drive, Canyon, TX 79015

$893,300

All five residences are leased and include garages and kitchen appliances.

View details

Off-Market Properties in Tucumcari, NM

Consider similar Off-Market properties in Tucumcari, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

508 3Rd St
Multifamily properties

508 3Rd St, Tucumcari, NM 88401

Estimated value: by Request
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415 Washington Ave
Multifamily properties

415 Washington Ave, Tucumcari, NM 88401

Estimated value: by Request
15,964 sqft 2.07 AC lot
View details

Tucumcari, NM Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Tucumcari, NM on our real estate platform.

Sale prices for apartment complexes in Tucumcari, NM average $825,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 6,871
Population Growth (5Y) +3.2%
Median Household Income $46,773
College Educated 14.6%

High-Yield Neighborhoods for Investment

Identify Tucumcari submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
88401 $825K

Taxes & Financing

Tax Rate (average for all types) 3.55%
Tax Rate vs County Average 0.21 pp above county avg
Average Loan-to-Value 65.0%

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