12-Unit Studio Apartment
For Sale
Contact for pricing
436 Utah NE, Albuquerque, NM 87108
Two buildings provide twelve studio residences on a single parcel.
Property SizeContact for details
Lot Size0.31 Acres
Days on Market145
Property Features for 436 Utah NE
General Information
Standard status
Active
Lot size
0.31 Acres
Property subtype
Multifamily
Financials
Asking Price
$488,549
Cap Rate
7.5%
Gross Rent Multiplier
6.95
Average Monthly Rent
$488
Units
Unit Mix
12 x studio
Multifamily Units
12
Building Details
Buildings
2
Listing Agency:
N.M. Apartments, Inc.
(505) 440-8633
Listed By:
Todd Clarke · License #13711
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 9:58PM
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 N.M. Apartments, Inc.
Investment Insights
Based on property information with market context.
This apartment property contains 12 studio units distributed between two separate buildings. The buildings face one another across a 0.31-acre parcel, creating a compact two-structure residential layout. The property address is 436 Utah NE, Albuquerque, NM 87108.
Reported operating measures include a 7.50% cap rate based on current performance. A separate scenario using submarket-average rents indicates a 10.9% cap rate and 21.50% cash-on-cash return. Residents occupy the property, and site visits should be coordinated without disturbing them.
Reported operating measures include a 7.50% cap rate based on current performance. A separate scenario using submarket-average rents indicates a 10.9% cap rate and 21.50% cash-on-cash return. Residents occupy the property, and site visits should be coordinated without disturbing them.
Key Highlights
- 12 studio apartment units
- Two buildings positioned across a 0.31‑acre lot
- Located at 436 Utah NE, Albuquerque, NM 87108
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
670
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 - Two buildings provide twelve studio residences on a single parcel.
Where is this apartment building located?
The property is located at 436 Utah NE Albuquerque, NM.
What are key features of this property?
This property features: 12 studio apartment units; Two buildings positioned across a 0.31‑acre lot; Located at 436 Utah NE, Albuquerque, NM 87108
