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Renovated 37-Unit Apartment Building
For Sale
Contact for pricing

4805 Marquette Ave NE, Albuquerque, NM 87110

Recently updated apartment asset positioned within Albuquerque’s Nob Hill area.

Property SizeContact for details
Days on Market145

Property Features for 4805 Marquette Ave NE

General Information

Standard status Active
Property subtype Multifamily

Financials

Asking Price $5,803,404
Cap Rate 5.25%
Gross Rent Multiplier 12.42
Average Monthly Rent $1,040

Additional Details

Multifamily Units 37
Listing Agency: N.M. Apartments, Inc.
Listed By: Todd Clarke · License #13711
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 11:47PM

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 building at 4805 Marquette Ave NE includes 37 units that were recently renovated. The property is presented as part of the Q apartment portfolio, which includes three Albuquerque campuses and 131 apartment residences in total.

Portfolio-level operations include in-place management and property systems overseen by TEAM ABQ management. The offering is located in Albuquerque, New Mexico, within the Nob Hill area. Property tours are coordinated through the listing broker, with visual tours also referenced in the marketing materials.

Key Highlights

  • 37‑unit apartment building at 4805 Marquette Ave NE, Albuquerque, NM 87110
  • Recently renovated apartment units
  • Part of the Q apartment portfolio

Property Analytics

Current Use

The Q @ Nob Hill Apartment Complex

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Travel Agency Wine and Liquor Store Grocery & Convenience Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

37
Residential units

Location Intelligence

Trade Area within ½ mile

1,576
Businesses Nearby

Demographics for 87110, NM

38,441
Population
19,591
Households
2
Avg Household Size
42
Median Age
38%
College-Educated
93%
High-School Grad
8.8 sq mi
ZIP Area
4,368
Density / Sq Mi
$63,593
Median Household Income
$40,244
Median Earnings
$1,096
Median Rent
$251,400
Median Home Value

Market

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 - Recently updated apartment asset positioned within Albuquerque’s Nob Hill area.
Where is this apartment building located?
The property is located at 4805 Marquette Ave NE Albuquerque, NM.
What are key features of this property?
This property features: 37‑unit apartment building at 4805 Marquette Ave NE, Albuquerque, NM 87110; Recently renovated apartment units; Part of the Q apartment portfolio
(505) 440-8633 Call to check price and availability
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