12-Unit Apartment
7522 2nd Street Northwest, Albuquerque, NM 87107
For Sale
Contact for pricing
Three residential buildings offer a varied apartment mix, on-site parking, and a gated setting in Albuquerque’s North Valley.
Property SizeContact for details
Lot Size0.75 Acres
Days on Market21
Property Features for 7522 2nd Street Northwest
General Information
Standard status
Lot size
Property subtype
Financials
Asking Price
Cap Rate
Gross Rent Multiplier
Average Monthly Rent
Site & Location
Neighborhood
Highway Access
Road Access
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
ample parking
thermal windows
soft-gated compound atmosphere
Building Details
Buildings
Listing Agency:
N.M. Apartments, Inc.
Listed By:
Todd Clarke · License NM #13711
(505) 440-8633
Source:
Crexi
Added: Oct 25
Changed: Nov 8
Last Checked: Nov 12 at 5:04AM
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.
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Investment Insights
Based on property information with market context.
This 12-unit apartment property comprises three buildings on a 0.75-acre parcel. The unit mix includes five studios, six one-bedroom apartments, and one two-bedroom apartment. Some residences have modern updates alongside classic details; property features also include thermal windows, ample parking, and a gated community layout. The site’s size is noted as offering room for additional units or shared amenities, though no specific development plan is provided.
The property is across from 2nd Street Lenticular Park and a few blocks from the Rio Grande Bosque and its nature trails. It is near I-25, less than a quarter mile from a public library, and 1.5 miles south of Paseo Del Norte (Highway 423). Local retail, stores, restaurants, and breweries are also nearby. The reported after-reserves cap rate is 10.00%.
The property is across from 2nd Street Lenticular Park and a few blocks from the Rio Grande Bosque and its nature trails. It is near I-25, less than a quarter mile from a public library, and 1.5 miles south of Paseo Del Norte (Highway 423). Local retail, stores, restaurants, and breweries are also nearby. The reported after-reserves cap rate is 10.00%.
Key Highlights
- 12 apartments across three buildings on a 0.75‑acre parcel
- Unit mix: five studios, six 1‑bedroom apartments, and one 2‑bedroom apartment
- Thermal windows, ample parking, and a gated community layout
Property Analytics
Who owns this building?
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Lease Details
12
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
483
Businesses Nearby
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Business Placement
Demographics for 87107, NM
30,340
Population
13,441
Households
2.3
Avg Household Size
44
Median Age
39%
College-Educated
92%
High-School Grad
14.6 sq mi
ZIP Area
2,078
Density / Sq Mi
$59,663
Median Household Income
$36,392
Median Earnings
$901
Median Rent
$282,000
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Albuquerque, NM
Properties on Market for Apartment buildings in Albuquerque
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Three residential buildings offer a varied apartment mix, on-site parking, and a gated setting in Albuquerque’s North Valley.
Where is this apartment building located?
The property is located at 7522 2nd Street Northwest Albuquerque, NM.
What is the asking price?
The asking price for this property is $705,675.
What are key features of this property?
This property features: 12 apartments across three buildings on a 0.75‑acre parcel; Unit mix: five studios, six 1‑bedroom apartments, and one 2‑bedroom apartment; Thermal windows, ample parking, and a gated community layout
