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Incredible Newer Retail & Multifamily Inv. 9368 Valley View Dr NW 13 Unit Apartment Building $7,469,000 CAD ($574,538 CAD/Unit) 5.80% Cap Rate Albuquerque, NM 87114
Executive Summary
Prime investment opportunity in a high-visibility location just off Coors Blvd, boasting traffic counts of approximately 43,000 vehicles per day. This unique mixed-use property features a 5,046 square foot commercial retail building currently occupied by a well-established Anytime Fitness, providing immediate income potential. Positioned directly behind the retail space are 13 well-designed condominium units, each offering 2 bedrooms and 2.5 bathrooms, an ideal setup for strong, consistent rental demand. The residential component overlooks the scenic Black Farm area, adding an attractive lifestyle element for tenants and enhancing long-term value. With a combination of stable commercial tenancy, multiple residential income streams, and exceptional exposure in a high-traffic corridor. This property presents a rare opportunity for investors seeking both cash flow and appreciation potential.
Financial Summary (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Recycling
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2.5 | 13 | $2,309 CAD | 1,000 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1-013-064-339318-1-04-07 | Total Assessment | $84,196 CAD (2025) |
| Land Assessment | $84,196 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
1-013-064-339318-1-04-07
Land Assessment
$84,196 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$84,196 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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Incredible Newer Retail & Multifamily Inv. | 9368 Valley View Dr NW
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