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More details for 1403-1509 W Hank Ave, Artesia, NM - Multifamily for Sale

W Hank Quadplexes (9% Cap Rate) - 1403-1509 W Hank Ave

Artesia, NM 88210

  • Investment Property
  • Multifamily for Sale
  • $1,923,118 CAD
  • 15,795 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

Artesia Multifamily for Sale

$69,600 Average Price Per Unit ~9.0% Trailing Cap Rate Excellent opportunity to acquire a 5-building, 20-unit multifamily portfolio consisting of quadplexes located on W Hank Ave in Artesia, NM. The portfolio features a diverse unit mix of 1-, 2-, and 3-bedroom apartments, supporting broad tenant demand and stable occupancy. The portfolio is currently producing approximately $125,500 in trailing 12-month Net Operating Income, equating to an in-place cap rate of ~9.0% based on actual operating history. Average monthly NOI is approximately $10,400–$10,500, with no material seasonality. Most units have been remodeled, and split HVAC systems were installed in 2024–2025 across the majority of units, reducing near-term capital expenditure needs and improving operating efficiency. Tenants pay for electric and gas (individually metered by unit). Ownership is responsible for water only, which is master-metered and averages approximately $120–$130 per building per month. Recurring pet rent is charged at $25 per pet per month. Non-refundable pet fees are excluded from NOI. Properties are offered individually or as a portfolio. Buildings are listed separately on MLS due to ownership structure (all have common ownership). Portfolio addresses include 1403, 1407, 1501, 1505, and 1509 W Hank Ave only. No other quadplexes on Hank Ave are included in this offering to sellers’ knowledge. Financing: Seller does not offer creative financing or seller/owner financing. Property will be conveyed via cash purchase or buyer-arranged third-party financing (bank, lender, or institutional financing).

Contacts:

SNAC Holdings LLC

HARWELL & ASSOCIATES REAL ESTATE

Property Subtype:

Apartment

Date on Market:

2025-12-16

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More details for 35 Cottage Row, High Rolls Mountain Park, NM - Multifamily for Sale

35 Cottage Row

High Rolls Mountain Park, NM 88325

  • Investment Property
  • Multifamily for Sale
  • $812,351 CAD
  • 1,700 SF
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

High Rolls Mountain Park Multifamily for Sale

Turnkey Mountain Income Property...2 Homes & RV space in High Rolls, NM. Nestled in the breathtaking Sacramento Mountains, this rare and versatile investment property in High Rolls, NM offers peace, privacy, and proven income potential. Featuring two beautifully built modern homes and a privately fenced RV space, this turnkey opportunity is perfect for investors, Airbnb hosts, or anyone dreaming of a mountain getaway with income on the side. Property Highlights: Two Newly Constructed Homes~ Each home is thoughtfully designed with energy efficiency and quality in mind—featuring 2x6 construction, plywood sheathing, expanding foam insulation, and wood-clad windows and doors. Inside, enjoy open-concept layouts with high-end modern finishes, full kitchens with premium appliances, W/D hookups, and inviting scenic mountain views. RV-Ready Income Bonus~ A fully fenced RV area with full hookups, offers even more potential for rental income. (Note: vintage trailer pictured does not convey.) Prime Location & Easy Access~ This mountain oasis is easily accessible on paved roads and located in a peaceful, walkable neighborhood. Post Office, Country Market, Senior Center and High Rolls Volunteer Fire Dept all within walking distance. Just minutes from numerous ‘Rails to Trails’ walks/hikes. Cloudcroft & Alamogordo are both within 10 miles on a beautiful scenic hwy, and most amazing ~ one of the Worlds Great Natural Wonders ~ White Sands NP is a ½ hour drive! High Rolls, NM is a favorite among hikers, nature lovers, and seasonal travelers. Endless Income Possibilities~ Whether you're interested in Airbnb, VRBO, glamping, or long-term rentals, this property is already generating income and offers multiple revenue streams. Outdoor Living & Relaxation~ Breathe in the cool mountain air and take in the natural beauty of your surroundings. Perfect for morning coffee on the deck or evening sunsets and stargazing. Secluded Yet Convenient~ Enjoy the best of both worlds—tranquility and privacy with quick access to shopping, dining, and recreational destinations. Whether you're expanding your portfolio or seeking a lifestyle upgrade, this rare opportunity in High Rolls, NM offers the best of both worlds: passive income potential and peaceful mountain living surrounded by the natural beauty that gives New Mexico its nickname, "The Land of Enchantment," this property invites you to invest in more than real estate—it’s a chance to own a piece of the mountain lifestyle.Owner Financing option available!

Contact:

Future Real Estate

Property Subtype:

Apartment

Date on Market:

2025-07-24

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More details for 3491 US Highway 82, Mayhill, NM - Retail for Sale

3491 US Highway 82

Mayhill, NM 88339

  • Investment Property
  • Retail for Sale
  • $681,104 CAD
  • 6,230 SF

Mayhill Retail for Sale

Welcome to the charming Mayhill Cafe, a rustic gem located in the quaint village of Mayhill, NM. This prime property is centrally situated on Hwy 82, making it easily accessible and a popular stop for locals and travelers alike. The cafe boasts a roomy dining space, ideal for accommodating a variety of guests, from casual diners to larger groups. The large kitchen comes complete with all necessary appliances, ensuring it’s ready for a full-functioning restaurant operation. Whether you're serving breakfast, lunch, or dinner, this kitchen can handle it all. The layout includes a wait station area and a dish pit, designed for smooth and efficient service. Guests are greeted at the hostess station, creating a welcoming atmosphere right from the start. An office area provides a dedicated space for management tasks, while a large storage area is perfect for keeping to-go items and dried goods organized. Additional Amenities include an upstairs hotel featuring a unique 4-room, 5-bath. This includes three nicely sized rooms with private bathrooms and a spacious apartment designed for larger families or groups, featuring 2 bedrooms, bath, living area and kitchen. The sale includes two additional Airbnb rentals, one conveniently located to the right of the restaurant and the other directly across the highway. This offers a fantastic opportunity for extra income. With so many amenities and options for expansion, the Mayhill Cafe is not just a restaurant; it’s a versatile business venture. Whether you want to enhance the dining experience, host events, or capitalize on the growing tourism in the area, the potential for additional income is substantial. This is a rare opportunity to own a piece of Mayhill’s history while tapping into a lucrative market. Don’t miss your chance to make this iconic cafe your own! Check out the 3D virtual tour of the upstairs hotel.

Contact:

Future Real Estate

Property Subtype:

Restaurant

Date on Market:

2025-04-18

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More details for 1804 E College Blvd, Roswell, NM - Retail for Sale

1804 E COLLEGE BLVD, ROSWELL NM 88201 - 1804 E College Blvd

Roswell, NM 88201

  • Investment Property
  • Retail for Sale
  • $1,284,841 CAD
  • 6,788 SF

Roswell Retail for Sale

"You can get away, without going away" by being nestled in this serene property on the Spring River, this property boasts a Santa Fe style main home that exudes timeless charm. Step inside to discover the showplace of the homean impressive room wide custom-built Kiva Fireplace that commands attention with its rustic allure. The main home has an expansive 3,888 total sq. ft., the main residence offers a sanctuary of comfort and style. As if that werent enough, a separate guest quarters, that consist of approximately 1,100 sq. ft of the main home area, ensures ample space for visitors or renters to indulge in the tranquility of this retreat. Prepare to be enchanted by the abundant wildlife and exotic birds that call this oasis home. Here, fishing, hunting, and a riverbank await, promising unforgettable moments of connection with nature. But the allure doesnt end there. Three additional income generating homes grace the property, each offering its own unique charm and character. The first home The Glen Getaway boasts 1,092 sq. ft. of living space that includes the meeting room, while the second and third homes offer 768 sq. ft. and 555 sq. ft. respectively. Totaling an impressive 6,303+- sq. ft. according to the Tax Office, this property presents a myriad of opportunities. Currently generating $3,200 in income from the three rental homes, the potential for additional revenue from leasing the separated guest quarters in the main home is substantialprojected at well over $4,000 per month at the current leases. Farming income is also projectable income. Adding to its appeal, the property has a designated 5+- acres of, (on or around year 1908), Senior Artesian Water Rights as per owners that will insure a sustainable water source for the land. A well, installed within the last two years as per the sellers, provides further peace of mind, offering reliability and efficiency. This property has an expensive underground water system for irrigation with an impressive (11) eleven water valve risers for full irrigation coverage as per the sellers. For prospective buyers, the convenience continues. The leased houses will be sold fully furnished, streamlining the transition for those looking to capitalize on the rental income opportunity. At the time of the listing all homes were leased. However, its important to note that a Special Use Permit is required from the Chaves County Extra Territorial Zoning every 3 years to utilize it as a retreat center and a community garden. Buyers must obtain this provision to ensure compliance with local regulations. For detailed information and approval procedures, please consult the local Chaves County ETZ authorities. In summary, this property represents more than just a residenceits a sanctuary, a retreat, and for unforgettable memories. Dont miss your chance to own this slice of paradise so you can "You can get away, without going away".

Contact:

Berkshire Hathaway Enchanted Lands Realtors

Date on Market:

2025-01-20

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More details for 2802 Corte Dios, Las Cruces, NM - Health Care for Sale

Haciendas at Grace Village - 2802 Corte Dios

Las Cruces, NM 88011

  • Investment Property
  • Health Care for Sale
  • $15,804,931 CAD
  • 24,484 SF
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More details for 86th & Bridge, Albuquerque, NM - Land for Sale

West Mesa Town Home Lots - 86th & Bridge

Albuquerque, NM 87121

  • Investment Property
  • Land for Sale
  • $1,374,642 CAD
  • 4.52 AC Lot
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More details for 1042 Clayton, Raton, NM - Land for Sale

1042 Clayton

Raton, NM 87740

  • Investment Property
  • Land for Sale
  • $393,742 CAD
  • 2 AC Lot
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More details for 950 4th St NW, Albuquerque, NM - Multifamily for Sale

Anthea @ The Granite + Ground Floor Value-Add - 950 4th St NW

Albuquerque, NM 87102

  • Investment Property
  • Multifamily for Sale
  • $6,216,975 CAD
  • 33,312 SF
  • Fitness Center
  • Conference Rooms

Albuquerque Multifamily for Sale - Downtown

Anthea @ The Granite 950 4th Street NW is a three-story property spanning approximately 33,312 square feet and comprised of 23 residential multifamily units. The property was built in 2014 and sits on a 0.9-acre lot zoned for mixed-use; it is subject to a 50-year ground lease with options to 70 years. Anthea features ADA-compliant elevators, a main lobby, and a manager's office. Common amenities include an exercise facility, a conference room, a business center, housekeeping, and a secure, fenced parking area. Floors two and three host the 23 one-, two-, and three-bedroom apartments. It could be delivered vacant, or existing occupants could stay for interim income. Each unit has a full kitchen, a washer, a dryer, stainless steel appliances, and an outside patio. Some units are fully furnished and have contemporary furniture.    Upside Opportunities  One of this asset's highest and best uses would be for organizations in specialized healthcare treatment, assisted living, alternative housing, veterans assistance, senior housing, and adjacent sectors. Anthea’s vacant ground floor has tremendous potential for a value-add improvement plan or renovation. The floor spans 7,950 square feet and could be used to add to the multifamily component with room for 11 additional units. The vacancy is also a great place to house a treatment center, lab space, commercial kitchen, office space, or common amenities that can aid residents Utilities have already been stubbed in for a commercial kitchen, large customer restrooms, and a layout for executive suites. The cost conversion of the property to conform to any organization’s target demographic is offset by the competitive asking price. Since 2019, multifamily properties in the Albuquerque market built after 2014 sold for an average price of over $218,000 per unit. Anthea @ The Granite is priced at $186,000 per unit for the 23 units and $85 per square foot for the vacant ground floor, well below today’s replacement cost, especially given the impact of high construction costs and interest rates.    Learn About the Location NOLO (North of Lomas) is the north downtown district of Albuquerque. It’s characterized by trendy breweries, boutiques, local services, and beloved restaurants. The district is a short walk from Downtown Albuquerque and Central Avenue, the city’s predominant commercial, cultural, and culinary corridor. Some of the destinations tenants can walk to in 15 minutes include Lowe’s Supermarket, several parks, over 20 restaurants, and Marble Brewery, the largest brewery in Albuquerque. Make a mark in Albuquerque with a multifaceted asset positioned in a popular area by acquiring Anthea @ The Granite today. Get in touch.

Contact:

Colliers New Mexico

Property Subtype:

Apartment

Date on Market:

2019-12-16

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More details for 425 Sunset Rd SW, Albuquerque, NM - Multifamily for Sale

425 Sunset Rd SW

Albuquerque, NM 87105

  • Investment Property
  • Multifamily for Sale
  • $344,006 CAD
  • 1,440 SF
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More details for 44 Forest 321 Rd, Estancia, NM - Land for Sale

43-Acre Gated Hacienda-Style Oasis with Views - 44 Forest 321 Rd

Estancia, NM 87016

  • Investment Property
  • Land for Sale
  • $386,834 CAD
  • 43.70 AC Lot

Estancia Land for Sale - Torrance County

Discover 43.71 breathtaking acres of gated high-desert land nestled just outside the scenic mountain village of Tajique. Zoned Rural Community Preservation (RCP), this expansive property offers a unique opportunity for a hacienda-style estate, RV campground, or eco-retreat Airbnb. With panoramic views from a 5,800 ft peak, direct ingress/ egress from the southwestern boundary, and power lines running through, the property is primed for development. Enjoy peace and privacy with a fully fenced perimeter, gated yard with shed, and potential second access via an undefined road. Located less than 2 minutes from the Tajique Community Center, Casa Manzano B&B, and local campground, this site offers serenity with proximity to small-town charm and convenience. Embrace the potential of rural New Mexico living with untapped upside. » 43.71 Acres (1,904,181+ SF) of scenic, high-elevation land » Zoned RCP (Rural Community Preservation) — flexible use potential » Fully gated with direct ingress/egress from southwestern boundary » Peak elevation of 5,800 ft with panoramic views of the Town of Tajique » Power pole on-site — utilities ready for development » Includes a shed with fenced yard — great for storage or staging » Potential second access via an undefined road » Just 2 minutes to Tajique Community Center, B&B, and Campground » Ideal for RV campground, glamping resort, rural Airbnb, or private estate » Located near NM-55 & Redman Rd (669 VPD) — convenient yet secluded » Peaceful surroundings in a quiet rural community with clear skies and mountain air

Contact:

BHHS New Mexico Properties

Property Subtype:

Residential

Date on Market:

2025-08-04

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More details for 1791 Hwy 173, Navajo Dam, NM - Hospitality for Sale

Abe's Motel and Fly Shop - 1791 Hwy 173

Navajo Dam, NM 87419

  • Investment Property
  • Hospitality for Sale
  • $3,281,181 CAD
  • 16,543 SF
  • Restaurant

Navajo Dam Hospitality for Sale

Abe’s Motel and Fly Shop has been a staple of the NM fly fishing scene on the trout mecca that is the Quality Waters of the San Juan river since 1958. This successful family-owned business includes a fly shop, motel, RV park, grocery store, gas station, restaurant and lounge conveniently located just below the Navajo Dam in northern NM. Liquor license included. Land Abe’s is located on 8.11 acres in the high desert beauty of San Juan County, NM. Surrounded by sage brush and pinion-covered high mesas, cliffs, and valleys, the sunrises and sunsets are breathtaking with colors that have to be seen to be believed. Improvements This iconic family business includes a fully-stocked fly shop, a 56-room motel, RV park, grocery store, gas station, restaurant, bar and lounge. Also included in the sale is a 3 bedroom, 2 bath on-site cottage with approximately 1500 sq ft of living space. Abe’s is ready for a new owner to make this place their own dream come true. It is set up and ready for an easy transition into re-opening. This property would be ideal for Airbnb and or VRBO. The location is ideal for all the fishermen and women who come to this world-renowned area, which is why the business has been successful for more than six decades. The rooms will come as shown including all furnishings, linens, and towels. The restaurant was one of the few in the area, and a popular spot for those traveling through, staying onsite or spending the day fishing. The restaurant was well known for their box lunches, which were a favorite of fishermen who needed something on the go. The lounge is a wonderful gathering spot for after a long day of fishing. It’s a place to come together with your friends or meet new ones, and share the stories the day has brought. It is a cozy and comfortable place decorated with pictures and heirlooms of Abe’s history. The fly shop has everything an angler would need and want for a trip to the San Juan or the reservoir. It’s the place to come with for fishing advice and to make sure you’ve got the right fly for the season. The shop also offered small grocery items and necessities. Being one of the only shops around, Abe’s truly was a one stop shop for any angler. *Buyer to verify all dimensions and measurements. The 1951 GMC truck and drift boat do not convey with the property. Recreation Only a short drive away from the infamous, but relatively remote Quality Waters of the San Juan River and Navajo Dam, Abe’s is in an ideal location to capitalize on all the fishing, lodging, and dining needs of the throngs of visitors who frequent the river and the reservoir. General Operations The motel offers a variety of room configurations and sizes, including 1, 2, and 3 bed options with kitchenettes and a 2 double bed room with no kitchenette option. The fly shop comes fully stocked with high quality products including waders, wading boots, rods, and reels from companies such as Orvis, Umpqua, Aqua Design, Rio, and more, plus one of the largest fly selections in the area featuring specialized patterns developed for and proven on the San Juan. A full fleet of rental gear also conveys in the sale. The RV park includes 16 full hookup spaces and is able to accommodate RVs of any size. Please contact listing agent for financial information regarding the business. History The history of Abe’s goes back over 60 years to 1958. When Abe and Patsy Chavez pioneered a masterpiece which was able to accommodate anglers with all they would need. Abe and Patsy moved to Navajo Dam & started their business before the dam was built and dedicated in 1962. They each have deep family roots in northern New Mexico and southern Colorado with family histories dating back several hundred years. The young couple provided services to the dam construction workers and later to fishermen and sportsmen visiting the San Juan. Once the dam was completed in 1962 the San Juan River became one of the finest trout fishing resources in the country. Rainbow and Brown trout were stocked in the San Juan following the construction of the dam. The low water temperatures, typically low 40’s near the dam, clear water and abundant trout food sources made the San Juan River into a fabulous fishery. During the 1960’s it became clear that the San Juan would be a very special place therefore, the State of New Mexico set aside about 3.5 miles of river immediately below the dam as “Quality Water”. Today this is the Special Trout Water section in the NM Fishing Proclamation. As Abe’s grew, the needs of sportsmen continued including a Motel, Grocery store, RV park, Fishing Guide services, Boat Storage, Restaurant and Lounge . Their business prospered and became a popular family business with each of their children working in the fishing business. Their love and passion for people, family and fishing was evident in their hospitality and dedication. Abe’s has hosted world renown fishers and photographers from around the world. The rich history and love that is a part of Abe’s Motel and Fly Shop will continue to grace and bless the hands of the new owner. Location It has been said that trout only live in beautiful places. The San Juan River that flows through the high desert of Northern New Mexico only offers credence to the quote. From its humble origin high on the snow-capped peaks of the San Juan Mountains of Colorado, its crystal clear waters tumble and cascade down remote canyons and rocky mountainsides, until it is gathered and harnessed in its impoundment of Navajo Lake, straddling the border of two great western states. The release from deep behind the high walls of the dam that hold these waters in restraint and issue forth— gin clear, highly oxygenated, and nutrient rich, provide a perfect habitat for the trout below. It is a place that fly fishermen dream about, when they dream about places to fish. ?If it only offered beautiful, healthy fish that number in the thousands, then the San Juan would be enough to earn its accolades as one of the top destinations to fish in the U.S. But there are more; far more, reasons that make this river a Mecca for trout fishermen the world over. Its broad flats, interspersed with deep pools, runs, tailouts, and eddies, make it one of the most wade-friendly rivers in the West. The predictable and controlled consistent flows also create a tailwater fishery that is a pleasure to float by driftboat, without encountering anything beyond intermediate class waters, unlike many other well known western rivers. And then there is the scenery—miles of it. Picture gin clear water flowing between the bluffs of high mesas, dotted with pinon pine and juniper, changing in color as the sun makes its arc through a bluebird New Mexico sky. Picture the home of ospreys, eagles, and great blue herons along the banks of a river in the high desert, lined with giant cottonwoods and willows. Picture the home of mule deer, elk, river otters, beaver, coyotes, and mountain lions.

Contact:

Hayden Outdoors

Property Subtype:

Hotel

Date on Market:

2024-04-08

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