Portales, NM Multifamily properties for sale

Updated: Oct 28, 2021

22-Space RV & Mobile Home Park

746 S Roosevelt Rd R 1/2, Portales, NM 88130

$454,000

20 acres total, including 10 developed acres for RV and mobile home use
22 fully equipped RV and mobile home spaces
Water, sewer, and high‑speed fiber optic internet at the spaces
Two existing rented mobile homes included in the purchase
Four 1,800‑gallon septic systems, county cooperative water, and a new water well

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Updated: Feb 2

Portales Multifamily Investment Opportunity

501 S Avenue G, Portales, NM 88130

$450,000

6,300 sqft

Acquisition Cap Rate: 6.77%
100% Occupied as of February 2026
Less than 1/2 mile from ENMU Campus
All units are 2‑Bedroom 1‑Bath
Complete Remodel as of the last 5 years

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Portales, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Duplex with Tenant Occupancy

400 Blevins, Hereford, TX 79045

$150,000

1,248 sqft 0.17 AC lot

Two occupied units offer an updated configuration with stucco construction, refreshed interiors, and replaced plumbing infrastructure.

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Duplex with Double Garages

525 W 15th Street, Hereford, TX 79045

$259,000

2,552 sqft

Each residence offers a two-bedroom, two-bath layout with a double garage and separate living space.

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Value-Add Apartment Community

1100 S Wicker Avenue, Littlefield, TX 79339

Contact for pricing

35,866 sqft

Apartment community with 45 units and roughly 93% occupancy, offering room to increase NOI through rent adjustments.

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45-Unit Apartment Building

1100 S Wicker Avenue, Littlefield, TX 79339

$2,400,000

Established multifamily property with maintained improvements and current occupancy above ninety percent.

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Portales, NM Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Portales, NM on our real estate platform. These investment opportunities span a total of 6,300 square feet of properties for sale, with an estimated market value of $904,000.

Sale prices for multifamily properties in Portales, NM start at $450,000, averaging $452,000, and reaching up to $454,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
88130	$450K

Neighborhood

Average Price

88130

$450K