Albuquerque Multifamily for Sale - University

• 20-Unit, Newly Constructed (2024) Townhome-Style Multifamily Community • Built by Local Architect & Developer (Self-Developed Project) • Unit Mix: 12 Two-Bedroom Units (1,056 SF Avg) | 8 One-Bedroom Units (801 SF Avg) • Total Building Area: ±19,100 SF | Land Area: 0.85 Acres • Price Per Unit: $295,000 • Price Per Square Foot: $309/SF • Gross Rent Multiplier (GRM): 15.13 • Current NOI: $316,752.62 • CAP Rate: 5.37% | Pro-Forma CAP Rate: 5.56% • 20 Secure On-Site Parking Spaces • Oversized Private Patios/Balconies & In-Suite Laundry in Every Unit • Located in the East Nob Hill / Hiland Corridor Within the Path of Nob Hill’s Eastward Growth Ocotillo Ridge is a 20-unit, townhome-style multifamily community completed in 2024 by local architect and developer Evan Davis, who self-developed the project with a focus on durable construction and efficient, functional layouts. The property consists of twelve (12) two-bedroom units averaging approximately 1,056 square feet and eight (8) one-bedroom units averaging approximately 801 square feet. The community includes 20 secure on-site parking spaces serving residents. The residences feature open-concept floor plans with polished concrete flooring, large window lines, and strong natural light throughout both living and bedroom levels. Each unit includes oversized private patios or balconies that expand usable living area and enhance unit desirability. Kitchens are finished with full appliance packages, stone countertops, and generous cabinet storage integrated into efficient eat-in layouts. Units include oversized bedroom closets, modern finish packages, and in-suite full-size washer and dryer installations. The townhome configuration creates strong separation between living and sleeping areas, offering a product type that remains highly competitive within the market. The property demonstrates strong rental performance supported by its recent construction, private outdoor spaces, modern finish quality, and low-maintenance design. Ocotillo Ridge is positioned within the rapidly emerging East Nob Hill / Hiland corridor, a submarket widely viewed as the eastward expansion of Albuquerque’s established Nob Hill district along historic Route 66. Continued reinvestment and redevelopment activity along Central Avenue has steadily pushed new residential and mixed-use development east, placing the property directly within the path of Nob Hill’s long-term growth trajectory. The surrounding corridor has experienced significant recent investment, including the Platinum Apartments development, the redevelopment of the historic De Anza Motor Lodge, and the newly delivered Hiland Plaza mixed-use community. Additional residential redevelopment projects currently underway along Central Avenue and San Mateo Boulevard further reinforce the area’s transformation and signal sustained momentum for new housing supply and neighborhood activation. This development pipeline has contributed to measurable rent growth and strong absorption across the East Albuquerque submarket, where vacancy rates have remained near historic lows and rent growth has outperformed long-term averages. As Nob Hill continues to mature and pricing pressures push housing demand outward, East Nob Hill is increasingly capturing renter demand seeking newer product at relative value compared to core Nob Hill assets. Ocotillo Ridge benefits from its location within this expansion corridor, offering investors exposure to one of Albuquerque’s most active redevelopment zones and a submarket demonstrating continued rent growth, strong tenant demand, and increasing long-term investment interest.

Property Subtype:

Apartment

Date on Market:

2026-05-08

Artesia Hospitality for Sale

The Motel 6 in Artesia is a 34 room hotel in southeastern New Mexico. It was previously operated as an independent hotel. In October 2024 ownership branded the hotel with Motel 6 and renovated the hotel to the latest Motel 6 design standard (Gemini), and the business has experienced strong growth as a result. With renovations now completed and growing revenue since branding with Motel 6, the hotel is well-positioned for new ownership to continue developing this growing business. With 34 rooms, the hotel is a nice manageable-sized operation with modest staffing needs. The hotel includes a manager's apartment allowing for efficient onsite management. Motel 6 is a well-regarded economy brand with low overhead costs. Artesia is located in southeastern New Mexico and has four primary economic drivers: oil & gas production, oil refining, the Federal Law Enforcement Training Center, and Agriculture. It is a major hub for oil and gas production in the Permian Basin and is home to HF Sinclair Refinery which has a crude oil capacity of 100,000 barrels per day. Artesia is home to one of four Federal Law Enforcement Training Centers in the U.S. where federal agents, including border patrol, are trained, bringing a regular flow of personnel to the area. Agriculture is also an active part of the economy, and the surrounding valley is home to some of the largest pecan orchards in the world. The local economy is very strong: the unemployment rate in the Artesia area is well below the national average and household incomes are among the highest in the state. Artesia features plenty of sunshine year-round and very mild winters. Interested buyers are invited to contact us if you have further interest in this opportunity, would like to visit the property, or submit an offer. All property visits are by appointment only. Please do not contact the hotel or speak with the staff.

Property Subtype:

Hotel

Date on Market:

2026-05-01

Albuquerque Hospitality for Sale - North I-25

Newmark Mountain West Commercial Real Estate, in conjunction with Western States Commercial Real Estate as the New Mexico Broker of Record, are pleased to present the Days Inn & Suites Albuquerque North, located at 5101 Ellison Street NE in Albuquerque, New Mexico. This offering presents an opportunity to acquire a recently renovated, branded hotel in one of Albuquerque’s established submarkets. Strategically located with convenient access to Interstate 25, the property is positioned near a diverse mix of entertainment, corporate, and industrial demand drivers that support lodging activity throughout the year. The asset underwent a renovation in 2022 as part of Wyndham’s “Dawn” PIP, which included updates to guest rooms and common areas. Improvements include new case goods (Dawn package), updated flooring, new bedding covering and soft goods, updated window treatments, enhancements to the breakfast area, upgrades to select building systems, and refreshed interior finishes throughout the property. Please contact the broker for a more detailed summary of improvements. A portion of the property is currently utilized under a contract for 27 rooms with Bernalillo County, providing a source of recurring revenue. This arrangement contributes to a consistent base level of occupancy while still allowing flexibility in the overall room mix. Additional details are available upon request. Tours are available by appointment only. To schedule a tour, please contact the broker. It is understood that staff at the property should not be contacted directly.

Property Subtype:

Hotel

Date on Market:

2026-04-20

Las Cruces Hospitality for Sale

NOTE - NOI is $546,586 - NOI above is Auto Calculated***

Property Subtype:

Hotel

Date on Market:

2026-04-16

Lovington Retail for Sale

Prime Location: Prime setting directly off of U.S. Route 82, which traverses the entirety of Lovington. 2026 Construction: Brand-new 2026 construction built to the latest United Supermarkets prototype. Strong Demographic Base: The five-mile radius serves a populous region, with 12% growth within a one-mile radius since 2010 and an average annual household income of $89,694 within five miles. Excellent Traffic Drivers: The property is surrounded by a vibrant mix of local and national retailers that drive Lovington’s primary economic activity, including Family Dollar, Comfort Inn & Suites, Dollar General Market, McDonald’s, Pizza Hut, and many more. Zero Management Responsibilities: Absolute NNN lease structure transfers maintenance and expense obligations to tenant, including roof, structure, and parking lot. Growing Market Dynamics: Projected income increases within 1-, 3-, and 5-mile radii over the next five years poise this United Supermarkets and Lovington for steady concurrent growth

Date on Market:

2026-03-10

Anthony Land for Sale

10 TO 73 ACRES AVAILABLE ON INTERSTATE FRONTAGE (STERN DRIVE). THE COMPLETION OF THE $150 MILLION LOOP 375 THROUGH ANTHONY GAP TO O'HARE ROAD WILL SPUR MORE DEVELOPMENT AND INCREASE THE VALUE OF THIS PROPERTY OVER THE NEXT YEAR.

Property Subtype:

Commercial

Date on Market:

2026-02-18

Pinos Altos Hospitality for Sale

SVN | Northco is pleased to present, as exclusive advisor to ownership, the sale of Bear Creek Motels & Cabin, a well-established mountain lodging property located in the historic village of Pinos Altos, New Mexico (“Property”). Perched at approximately 7,000 feet and just minutes north of the regional economic hub of Silver City, the Property features 15 split entry cabin-style units with private entrances and modern amenities, including fireplaces, WiFi, and cable television, and full kitchens in select units. Guests also enjoy extensive on-site offerings such as an event lodge, outdoor amphitheater, gift shop, BBQ facilities, and pet-friendly accommodations. Surrounded by pine-covered hills and near the Gila National Forest, Bear Creek Motels & Cabin benefits from consistent demand driven by outdoor recreation, heritage tourism, and regional travel, presenting investors with a unique opportunity to acquire a distinctive lodging asset that combines lifestyle appeal with durable, year-round regional demand. This asset is well-situated for either an owner-operator, or an off-site owner, given the staff that are in-place.

Property Subtype:

Hotel

Date on Market:

2026-02-09

Raton Hospitality for Sale

Singh Commercial Group is pleased to present the Oasis Motel & Restaurant, a rare opportunity to acquire a dual-income hospitality asset in Raton, New Mexico. The property consists of a 14-room motel, a full-service restaurant, and a private 3 bedroom owner’s apartment, offering both operational flexibility and lifestyle optionality. The Oasis has been operated for over 70 years, establishing deep community roots and long-standing brand recognition. The restaurant is a well-known local staple, celebrated for its authentic New Mexican cuisine and loyal repeat clientele, while the motel serves a steady mix of highway travelers, outdoor enthusiasts, and rail passengers. Strategically located near Interstate 25 and Raton Pass, the property benefits from consistent transient traffic connecting Colorado and New Mexico. Raton’s position as a gateway market, combined with tourism, rail access, and regional attractions, supports ongoing demand for both lodging and food & beverage services. Market & Demand Drivers -Interstate 25 Corridor: Primary north–south route linking Denver and Albuquerque -Raton Pass: Heavy daily traffic from commuters, truckers, and travelers -Amtrak - Southwest Chief: Scheduled stop in Raton bringing consistent visitor flow -NRA Whittington Center: Nationally recognized destination driving year-round visitation -Outdoor Recreation & Heritage Tourism: Hunting, hiking, fishing, and historic travel routes Oasis Restaurant & Motel represents a unique opportunity to acquire a legacy hospitality asset with immediate income, flexible financing, and meaningful upside in a gateway New Mexico market. Value-Add & Upside Potential -Opportunity to refresh branding, marketing, and digital presence -Potential to optimize restaurant hours, menu offerings, or operating model -Improve motel performance through targeted capital improvements and yield management -Ideal platform for an owner-operator seeking hands-on cash flow with lifestyle benefits Location & Market Overview Raton is a historic northern New Mexico town with deep railroad, mining, and frontier roots. Long known as a key stop along the Santa Fe Trail and later the railroad corridor, Raton continues to serve as a regional hub and gateway community. The city sits just south of the Colorado border at the base of Raton Pass, a major transportation corridor that carries daily commuter, commercial, and tourist traffic along I-25.

Property Subtype:

Hotel

Date on Market:

2026-02-04

Chaparral Land for Sale

Seize a rare 91-acre opportunity fronting State Line Drive—just moments from US-54 and directly across from the upcoming Meta Data Center. With over 1,000 feet of prime frontage, this property offers exceptional visibility, easy access, and high-traffic exposure. Located in Otero County with no zoning observed, the land is ideal for a wide range of residential or commercial development. Its strategic position near major infrastructure and a rapidly growing tech corridor makes it perfectly suited for investors, builders, or visionaries looking to capitalize on a booming area.

Property Subtype:

Commercial

Date on Market:

2025-12-11

Albuquerque Hospitality for Sale - University

Absolute Investment Realty has been selected as the exclusive representative for the sale of the World-Famous Crossroads Motel, centrally located at 1001 Central Ave NE at the intersection of Historic Route 66 (Central Avenue) and I-25 in Albuquerque, NM. The Crossroads Motel has garnered international fame as the setting for numerous scenes in AMC’s popular series Breaking Bad. The 2 story Historic Route 66 Motel was built in 1965 and has been in continuous operation until the middle of 2025.

Property Subtype:

Hotel

Date on Market:

2025-10-21

Milan Industrial for Sale

This industrial property at 1351 Motel Dr in Milan, New Mexico, presents a compelling opportunity for investors or owner-users seeking a fully leased, income-producing asset in a strategic location. The building spans 9,300 square feet and sits on a 5-acre lot, offering ample space for operations and future growth. Constructed in 1992, the facility is designed for heavy-duty service use, featuring four grade-level drive-in doors that accommodate large vehicle access and repair functions. The property includes an upstairs office and department room, providing functional administrative space to support operational needs. Both the front and rear areas are paved, ensuring efficient vehicle movement and parking. Its location in Milan offers convenient access to major transportation routes, making it an attractive hub for logistics, trucking, and service-based businesses. Currently priced at $2,600,000, this asset combines operational utility with investment stability. Whether for continued lease income or as a base for an owner-occupied business, the property’s layout and infrastructure support a wide range of industrial applications.

Property Subtype:

Service

Date on Market:

2025-09-12

Santa Fe Retail for Sale - Southwest Santa Fe

Prime C-2 Zoned Commercial Lot on Cerrillos Road – Endless Possibilities in the Heart of Santa Fe. Position your business for success with this exceptional .27-acre commercial lot located directly on Cerrillos Road, one of Santa Fe’s most heavily traveled thoroughfares. Zoned C-2, this high-visibility property offers an incredible array of development opportunities including drive-throughs, restaurants, office space, multi-family housing, car washes, retail establishments, and more. Currently operated as a resale car lot, the property is fully accessible and ready for immediate use or redevelopment. Located directly across the street from the iconic El Rey Court Inn, this location benefits from strong foot and vehicle traffic, excellent visibility, and proximity to Santa Fe’s thriving Midtown district. Whether you’re looking to develop a new commercial venture or continue the current use, 1863 Cerrillos Road is a rare opportunity to own a piece of high-demand Santa Fe real estate with unmatched potential.

Date on Market:

2025-07-22

Taos Land for Sale

PRIME COMMERCIAL DEVELOPMENT SITE! This commercial site presents an exceptional opportunity for commercial development and your business establishment. Zoned (HCPD) Highway Corridor Protection District, the site is open to flexible entitlement and permitting - both horizontally and vertically. The site is particularly ideal for hospitality and/or retail concepts and is located directly in the path of Taos' new commercial growth. Neighboring businesses include Big O Tire, Ace Hardware, The Sagebrush Inn, Hampton Inn and Maverik Gas, with Town & Country Chevrolet, as well as additional hospitality and a food market soon to come. The tract is 4.85-acres and is flat and stable. The property enjoys ample frontage and visibility on State Highway 68 (Paseo del Pueblo Sur), which facilitates access points and traffic flow. Public utilities are at the property. We invite you to visit the property to learn more about its comprehensive features and assess whether it aligns with your business requirements.

Property Subtype:

Commercial

Date on Market:

2025-06-30

Truth Or Consequences Hospitality for Sale

Hoosier Hot Springs is located in the Hot Springs Bathhouse and Commercial Historic District in Truth or Consequences - a 56 acre historic district that was listed on the National Register of Historic Places in 2005. Hoosier Hot Springs has three lines of business: • Hot Springs - renovated and reintroduced to the public in early 2024 • Inn/Short Term Rentals -6 renovated units (5 suites and 1 room), opened November 2024 • Residences/Long Term Rentals - 6 units (3 one bedroom units and 3 studio apartments)

Property Subtype:

Hotel

Date on Market:

2024-10-25

Roswell Land for Sale

Giant 29.45 acre parcel on the NW side of Main Street and just north of the US 285 loop. This 29.45 Acre property is excellent for multitudes of large business. The land has extreme frontage on 285/Main, has paved roads on all three sides for commercial entry.Parcel has easy access on/off the Loop and 285/Main for the perfect ideal for Truck Stops, Convenience store, Big name Retail,RV Park, Storage. Giant frontage on 285 behind the brand new Historical Roswell Alien Sign to Gallina Road. Not to mention every tourist stops at this location for free! The traffic that stops just to take a picture with this sign is unbelievable per day. Show anytime, no lockbox, Call your Giant Retailers that want a piece of property that has tons of options for use! Call Neal Leven 575-637-6611 for any other info requested.

Property Subtype:

Commercial

Date on Market:

2024-10-03

Taos Hospitality for Sale

Palacio de Marquesa is an 8 bedroom bed and breakfast with managers quarters. The property consists of two tracts of land totaling .050 acres. The B&B is situated on a just over half acre. Originally built as a family compound Palacio de Marquesa remains an ideal property for family use or a corporate retreat. The property has received well-deserved national press and built a flawless reputation as a premier inn in Taos. Heritage Hotels & Resorts created a vision to tell the story of Taos, New Mexico’s remarkable women, and their unique contributions to the city and state. Each of these women had a tremendous influence on New Mexico’s culture through their art, fashion, philosophy, and design sensibility. At Palacio de Marquesa, the magnificent tapestry of Taos’s exceptional women unfolds. There is so much more to this story…………..

Property Subtype:

Hotel

Date on Market:

2024-06-20

Albuquerque Land for Sale - Downtown

2124 Central is a 2,000 square foot freestanding restaurant that is primed and ready for a redevelopment opportunity in Albuquerque historic Old Town. The property sits on approximately 0.30 acres, has curb cuts on three sides and features a large monument sign on Central Ave. This building is located just west of Rio Grande, making it available for drive-thru as it is outside of the Character Protection Overlay zone. The site is also accessible via ART (Albuquerque Rapid Transit) and is located between Champion Carwash and Filiberto’s. This pad opportunity is perfect for a new retail use and is available via sale.

Property Subtype:

Commercial

Date on Market:

2024-02-05

Moriarty Land for Sale - Torrance County

11.55 acres of commercial development land on Route 66 in Moriarty, New Mexico, just off the east Interstate 40 interchange. All utilities are in the street and ready to be accessed including water, sewer, natural gas, power and high speed internet. Suited to any truck stop related business, hotel/motel, or big-box retail. Zoning is currently M-1, manufacturing, industrial zone. Possible zone change to allow for non-M-1 uses.

Property Subtype:

Commercial

Date on Market:

2023-12-18

Alamogordo Land for Sale

Very affordable land in the middle of town. 440 acre-feet of water rights convey with the land.

Property Subtype:

Commercial

Date on Market:

2026-04-24

Hobbs Hospitality for Sale

Property Subtype:

Hotel

Date on Market:

2026-05-11

Alamogordo Hospitality for Sale

Property Subtype:

Hotel

Date on Market:

2026-05-11

Lordsburg Hospitality for Sale

Property Subtype:

Hotel

Date on Market:

2026-05-08

Dixon Specialty for Sale

7 Private Drive #1102, Dixon, NM 87527 - 63-Acre Mixed-Use Redevelopment Opportunity in the Rio Grande Valley WHO THIS PROPERTY IS FOR: RV PARK / MOBILE HOME PARK OPERATOR: 63 acres with two strong wells, septic systems, and power infrastructure already on-site. Sewer treatment facility in place. Commercial overlay allows RV park or MH park development. Massive demand from outdoor recreation tourists - fishing, boating, canoeing, and hiking along the Rio Grande. Adjacent to Vivac Winery draws visitors year-round. Five existing houses provide immediate manager/staff housing or rental income during buildout. WELLNESS / REHAB CAMPUS OPERATOR: Former hospital and clinic buildings total 35,000+ SF with large floor plans ready for adaptive reuse. Ideal for behavioral health, addiction treatment, assisted living, or retreat center. Remote Rio Grande Valley setting between Taos and Hernandez provides the seclusion wellness operators seek. Five detached houses for staff quarters. Two wells, septic, and power in place. Commercial overlay supports healthcare and institutional use. RESIDENTIAL DEVELOPER / CONDO CONVERTER: Five existing houses plus a former hospital building offer multiple paths to residential density. Condoize the hospital into 10-20+ units. Rehabilitate the five houses as standalone rentals or sales. 63 acres provides room for additional development. Grandfathered structures may provide zoning advantages. At $27/SF for 35,000 SF of existing building, the basis is extraordinary for redevelopment. HOSPITALITY / SHORT-TERM RENTAL OPERATOR: Next to Vivac Winery, one of New Mexico's premier wineries. Steps from historic Embudo Station. Rio Grande Valley location offers world-class fishing, boating, canoeing, and hiking. Mountain views from the property. Five houses could become vacation rentals immediately after renovation. Hospital building could convert to boutique lodge or event space. Strong tourism corridor between Santa Fe and Taos. PROPERTY HIGHLIGHTS: 63 acres in the scenic Rio Grande Valley. Former hospital, clinic, and dental office (35,000+ SF). Five detached houses. Two strong wells. Sewer treatment facility. Power infrastructure in place. Commercial overlay. Adjacent to Vivac Winery. Near historic Embudo Station. Rio Grande fishing, boating, canoeing, hiking access. Mountain views. Between Taos and Santa Fe. Sold as-is. Cash or new loan. $960,000.

Property Subtype:

Trailer/Camper Park

Date on Market:

2026-03-14

Santa Rosa Hospitality for Sale

HIGHLIGHTS 17 guest rooms (14 rooms recently renovated) Mix of king, queen, and double-queen rooms with updated finishes Laundry facility Strong visibility and access from Route 66 and I-40 Consistent extended stay occupancy from local workforce and travelers Well-maintained with upgraded electrical and plumbing systems Family-owned since the 1960’s First time offered for sale in decades Business available separately from the real estate offering

Property Subtype:

Hotel

Date on Market:

2025-11-21