21-Unit Apartment
For Sale
Contact for pricing
429 Chama St SE, Albuquerque, NM 87108
For sale multifamily property with 21 units comprising studios and one-bedrooms totaling 7,964 SF.
Property Size7,964 SF
Lot Size0.47 Acres
Days on Market124
Property Features for 429 Chama St SE
General Information
Standard status
Active
Size
7,964 SF
Lot size
0.47 Acres
Property subtype
Multifamily
Additional Details
Cap Rate
8.43%
Multifamily Units
21
Listing Agency:
NAI Sun Vista
Listed By:
Sarah Raboff, Partner · License #NM 53222
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 3:30AM
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 NAI Sun Vista
Investment Insights
Based on property information with market context.
This for-sale multifamily apartment building offers 21 total units, including (12) one-bedroom, one-bath apartments and (9) studio units. The one-bedroom units are listed at approximately 406 SF each, while the studios are listed at approximately 271 SF each. The total building size is reported as approximately 7,964 SF, with the property situated on approximately 0.47 acres.
The property is located at 429 Chama St SE in Albuquerque, New Mexico (87108).
Financial highlights provided with the offering include actual and pro forma GRM figures, as well as asking and pro forma cap rates and before-/after-tax IRR estimates.
The property is located at 429 Chama St SE in Albuquerque, New Mexico (87108).
Financial highlights provided with the offering include actual and pro forma GRM figures, as well as asking and pro forma cap rates and before-/after-tax IRR estimates.
Key Highlights
- 21‑unit multifamily property with (9) studios and (12) 1 Bed/1 Bath units
- Total building size is 7,964 SF across the 21 units
- Units total (9) studio units at ~271 SF each and (12) 1 Bed/1 Bath units at ~406 SF each
Property Analytics
Property Profile
Current Use
Lease Details
21
Residential units
Location Intelligence
Trade Area within ½ mile
902
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
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Frequently Asked Questions
What type of property is this?
Apartment building - For sale multifamily property with 21 units comprising studios and one-bedrooms totaling 7,964 SF.
Where is this apartment building located?
The property is located at 429 Chama St SE Albuquerque, NM.
What are key features of this property?
This property features: 21‑unit multifamily property with (9) studios and (12) 1 Bed/1 Bath units; Total building size is 7,964 SF across the 21 units; Units total (9) studio units at ~271 SF each and (12) 1 Bed/1 Bath units at ~406 SF each
