Three-Building Apartment
For Sale
$320,000
Pending
503 U.S Rte 66 - RentalApartments, Moriarty, NM 87035
Commercial Sale, Moriarty, NM
Property SizeContact for details
Lot Size0.65 Acres
Days on Market301
Property Features for 503 U.S Rte 66 - RentalApartments
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
ABQ Bernalillo
Parking
20
Directions
From Albuquerque take I-40 E. Go for approximately 35 mi. Take exit 196 toward NM-41/Howard Cavasos Blvd. Turn right onto Howard Cavasos Blvd N (NM-41) toward Estancia. Go for 0.2 mi. Turn right onto US Route 66 W (I-40-BL W). Go for 0.2 mi. Property is on the right. 503 US-66 W
Subdivision
291 - South Moriarty
Standard status
Pending
APN
1048052034300000000
Lot size
0.65 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
Lot 8+extra-16,940 sqft, Lot 9+extra- 11,450sqft
Legal Description
Lot 8+extra-16,940 sqft, Lot 9+extra- 11,450sqft
Building Details
Floors in Building
1
Buildings
3
Listing Agency:
The Sanchez Group Realty
(505) 384-3042
Listed By:
Clint Hanley · License #REC20220063
(509) 314-5002
Added: Jan 7
Changed: Oct 30
Last Checked: Nov 3 at 10:06PM
MLS# 1097350
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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Investment Insights
Based on property information with market context.
Five apartments occupy three buildings on a 0.65-acre parcel. The structures feature cement-block construction and metal roofing. The property is fully occupied, with low tenant turnover, and is described as a possible location for office use.
The parcel has frontage on Route 66 and sits about 1/2 mile from an I-40 exit, within Moriarty.
The parcel has frontage on Route 66 and sits about 1/2 mile from an I-40 exit, within Moriarty.
Key Highlights
- Five apartments in three buildings
- 0.65‑acre parcel with Route 66 frontage
- Fully occupied with low tenant turnover
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
5
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
Explore this area
Business Placement
Demographics for 87035, NM
7,285
Population
2,884
Households
2.5
Avg Household Size
43
Median Age
9%
College-Educated
82%
High-School Grad
342.7 sq mi
ZIP Area
21
Density / Sq Mi
$40,688
Median Household Income
$27,428
Median Earnings
$797
Median Rent
$147,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - All five apartments are occupied, and the property may also accommodate office use.
Where is this apartment building located?
The property is located at 503 U.S Rte 66 - RentalApartments Moriarty, NM.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Five apartments in three buildings; 0.65‑acre parcel with Route 66 frontage; Fully occupied with low tenant turnover
