416 hwy 66, Milan, NM 87021

Building Details

Floors in Building

2

Number of units

17

Flooring type

Tile

Listing agent Eylicio Realty Team Show Phone

Listing office Simply Real Estate c***@gmail.com 7801 Academy Road NE Bldg 2 Suite 200, Albuquerque, NM Show Phone

Listing date Jun 12, 2026

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MLS# 1105609 Listing URL

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This for-sale residential income property includes 17 units plus a separate house on the same lot. The listing totals approximately 22,000 square feet. The seller also notes there is room to expand on the current property, which may support future site development depending on buyer plans.

The property is located at 416 Hwy 66 in Milan, New Mexico (87021), in Cibola County. The existing configuration provides multiple rental units and an additional house within one property boundary.

For investors and operators seeking a multi-unit rental structure, the combination of 17 units and a house on one lot can offer straightforward ownership of several income-producing spaces under a single acquisition. Buyers who want flexibility may also be interested in the stated opportunity for expansion tied to the current site. Please note that specific unit layouts, condition details, and permitted expansion options are not provided in the listing information available here.

Map

City

Milan

County

Cibola

State

New Mexico

Longitude

-107.887652

Latitude

35.166822

FAQs

What type of property is this?

Apartment building - Income-focused multifamily offering 17 units plus an additional house, with room for expansion on the property.

Where is this apartment building located?

The property is located at 416 hwy 66 Milan, NM.

What is the asking price?

The asking price for this property is $1,000,000.

What are key features of this property?

This property features: 17‑unit property plus an additional house on the same lot; Tile flooring