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Courtesy of R1 Commercial

Sold

1028 Alvarado Drive SE

1028 Alvarado Drive SE, Albuquerque, NM 87108

12 unit apartment complex for sale! back to market! Price has been lowered $220K, motivated seller priced to sell! The property is turn-key with over $200K in capex put into the property. All of the major components have been replaced/updated. Property consists of 9 top to bottom rehabbed units, newer windows, roof, electric panels, exterior paint, all new AC units, and newer wall heaters as well. Property brings in a total of $8,420 in rent monthly and has low operational costs.

1
bed

1
bath

0.37 Acres lot

Paige Cochran

title Owner | Lead Broker
PHONE (505) 500-2041
EMAIL [email protected]
DRE # 50939

Features & Amenities

Interior

total bedrooms1
Total bathroom1
Flooring Carpet, Tile
APPLIANCES Refrigerator, Range Hood

Area & Lot

Status Sold
Date Sold April 15, 2025
Lot Area0.37 Acres
MLS® ID1058187
TypeMulti-Family
YEAR BUILT1955

Exterior

STORIES1
utilitiesElectricity Available, Natural Gas Available, Sewer Connected, Water Available, Water Connected
HEAT TYPEWall Furnace
AIR CONDITIONINGEvaporative Cooling
Green featuresNone
other exterior FeaturesLandscaping, Lighting