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).

Property Subtype:

Apartment

Date on Market:

2025-12-16

Floyd Land for Sale

Outstanding owner-financed opportunity at an attractive 2.88% interest rate. This 160-acre agricultural property offers a rare combination of acreage, water access, and fully improved infrastructure. The land is fully fenced, level, and historically used for cattle and livestock operations. With 8 wells, multiple outbuildings, and a solid 4-bedroom residence, the property is ideal for ranchers, homesteaders, agricultural operators, or investors seeking long-term stability and upside. Improvements include a 2,260 sq ft home, a 41’ x 70’ enclosed shop with concrete slab, and a 71’ x 81’ barn, all situated within a separately fenced compound for added security and functionality. The land layout supports grazing, regenerative agriculture, equipment storage, or expansion into additional ag operations. Flexible seller terms make this a standout opportunity in today’s high-interest environment. Perfect for buyers seeking low barriers to entry, long-term control, and scalable rural land with cash-flow and development potential.

Property Subtype:

Agricultural

Date on Market:

2025-12-05

Albuquerque Portfolio of properties for Sale - University

Albuquerque Income Property Portfolio – 4 Properties | 15 Units Total Presenting a rare opportunity to acquire a stabilized, income-generating 15-unit residential portfolio located in central Albuquerque. This offering includes two multifamily assets (a 4-unit and 9-unit complex) and two single-family rental homes, all located within close proximity in established Southeast Heights neighborhoods. With a total projected portfolio NOI of $185,372, this portfolio offers immediate cash flow with long-term upside through value-add improvements, rent growth, and tax efficiency. The properties include: • 134 Rhode Island St SE: A 4-unit apartment building with all 2BR/1BA units and a projected NOI of $36.122. • 1030 & 1040 Truman St SE: A 9-unit asset with a mix of 1BR and 2BR units, private garages, and gated courtyards. Projected gross income: $139,200. Pro forma NOI: $99.333. • 6512 Anderson Ave SE: A 4BR/3BA single-family home rented at $2,370/month with an NOI of $20,048. • 421 Virginia St NE: A 4BR home featuring a fully-owned solar system, leased at $2,800/month. NOI: $26.151. Tenants across all properties pay for their own utilities, minimizing operating overhead. All multifamily units come with landlord-provided washers and dryers, and the single-family homes are outfitted with private yards, garages, and upgraded finishes that attract long-term renters. This portfolio is ideal for investors seeking scale in one of New Mexico’s most stable and affordable housing markets. With zoning flexibility (MX-L and residential multifamily), excellent in-place income, and seller financing available via Real Estate Contract (REC)

Property Subtype:

Mixed Types

Date on Market:

2025-11-28

Mayhill Hospitality for Sale

Turn-key mountain retreat on nearly 8 acres with four furnished cabins totaling 2,968 SF. Located off Highway 82 in scenic Mayhill NM, this property is ideal for short-term rentals, a boutique lodge, or bed-and-breakfast operation. Includes two private well, septic, and electricity with room to expand. Perfect investment or owner-user opportunity with potential for additional cabins, RV pads, or resort-style amenities. Seller financing available with 20 % down.

Property Subtype:

Bed and Breakfast

Date on Market:

2025-10-22

Albuquerque Retail for Sale - University

OWNER FINANCING AVAILABLE TERMS NEGOTIABLE Seller willing to do a buildout credit Secure your business in this exceptional 4,000 sq ft commercial property. Ideal for production, manufacturing, distribution, or retail, this space comes equipped with a robust 400-amp power supply. The property features a spacious main room, multiple private offices, and ample storage. Key amenities include on-site parking and a secure, enclosed gate. Zoned for cannabis production, the property is highly versatile and adaptable for various business types. Situated in a sought-after location with excellent visibility. Located minutes from Nob Hill, UNM, and Kirtland Air Force Base. LEASING OPTIONS: Also available for lease at $5,500 a month. Currently unoccupied- AVAILABLE NOW! Schedule a private showing today!

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-09-26

Albuquerque Office for Sale - Northeast Heights

Income Producing Property! 2nd Floor leased to a Law Firm. Owner Financing with very, very low interest rates below market!!! Seller is very open on financing. Seller does prefer a 7-10yr call. 1st Floor buildout to be completed by middle of Aug 2025. Buyer will have to add flooring and finish walls.. Contact Broker for more details

Date on Market:

2025-02-13

Tularosa Land for Sale

Ideal land development opportunity for commercial development along with residential lot development located just west of Alamorgordo, New Mexico situated in Tularosa, New Mexico. Residential portion is platted for 94 lots. There are 2 state approved water wells for the subdivision. In addition there are 2 parcels consiting of 10 and 27 acres respectively fronting on Highway 54/70. An excellent development opportunity in which the owner will offer owner financing for a qualified buyer.

Property Subtype:

Residential

Date on Market:

2025-02-10

Albuquerque Retail for Sale - South Valley

A 2019 renovated 16,376 square foot freestanding building on a 2.64-acre lot leased to HARBOR FREIGHT TOOLS in Albuquerque, NM until April 30th. Price: $2,502,031 - 6.25% Cap rate 5% Annual NN increase cap Owner financing is available

Property Subtype:

Freestanding

Date on Market:

2024-11-07

Albuquerque Office for Sale - North I-25

Fully leased for the next two years. Pricing guidance subject to offer. Owner financing options depending on terms/conditions.

Property Subtype:

Medical

Date on Market:

2024-09-24

Albuquerque Land for Sale - West Mesa

Absolute Investment Realty is proud to present this prime development opportunity located just south west of the intersection of Coors & Fortuna. This area has seen tremendous growth in the past few years making this property a prime candidate for commercial development. Recently, several large parcels in the trade area have sold to developers and several new retail projects have been developed. The topography of this site, combined with the off-hard-corner location, and the NR-BP makes this site ideal for a number of commercial uses. Some of the nearby business include McDonald’s, Subway, Weck’s, Blake’s Lotaburger, O’Reilly Auto Parts, and T-Mobile. Don’t miss this opportunity to own this well located development parcel in one of Albuquerque’s most desirable trade areas. The seller of the property also owns an adjacent parcel that fronts Coors Blvd. The buyer of this property could acquire both parcels and have access to Coors. Owner financing also available. - Inquire with broker for more information.

Property Subtype:

Commercial

Date on Market:

2024-06-07

Tularosa Industrial for Sale

Fully rented storage units for sale with seller financing available for qualified investors. Lots of room to expand on .75 acres, long standing tenants, easy records, low expenses, and tons of upside. Seller Financing Terms $20,000 down 5% interest Flexible terms TRADES POSSIBLE!

Property Subtype:

Warehouse

Date on Market:

2026-01-23

Alamogordo Industrial for Sale

Distribution Facility w/ Loading Docks, Garages, Indoor RV Storage, Office, Apartment and More For Sale or Lease with Seller Financing Possible This is a large distribution facility located in the heart of Alamogordo. The property sits on a fully paved and fully fenced yard with approximately 9,000 square feet of extremely usable space. The breakdown of the 9,000 square feet is: -Eight 12' x 20' loading docks all with lighting, power and easy access -Four 10' x 20' garage storage spaces all with lighting, power and easy access -Two 14' x 42' enclosed RV spaces each with 30 amp power, water and 1 with a sewer dump. One of which can be extended by an additional 20', and could be driven through both directions with two doors. -3 restrooms, and 2 with full showers and bathtubs -5 bedrooms that can be converted to offices or combined to make larger flexible space -Full kitchen with easy access for deliveries and employee access -Two additional offices with their own point of access -Multiple laundry facility connection points for different uses -Refrigerated air, security systems (with subscriptions), integrated compressed air, solar panels and various connections, amazing insulation, thick walls, and built right. This property has a multitude of use possibilities with a flexible layout. It is right in the middle of Alamogordo with easy access to the highways in all directions. This is an excellent property on every level and will provide the new tenant or owner a range of flexible growth options to expand their business. The property is available for lease or purchase and seller financing is possible for qualified buyers. Trades are possible.

Property Subtype:

Warehouse

Date on Market:

2026-01-23

Albuquerque Office for Sale - North Valley

Date on Market:

2026-01-20

Mayhill Land for Sale

Unique opportunity to acquire 7.79 acres on Hwy 82 in Mayhill, NM with an operating storage business, metal workshop, and private well. Dual gated access, level terrain, and mountain views offer ideal conditions for expansion or redevelopment. Perfect for an investor or owner-user seeking income plus development potential—such as a mountain retreat, RV park, or cabin rental business. Seller financing available with 25% down.

Property Subtype:

Commercial

Date on Market:

2025-10-20

Lordsburg Land for Sale

79 Acres of Commercial Opportunities!! On Hwy 70 Close to Hwy 90 Interchange. Bring in your own Business. City Water & Sewer could be available. Good Soil. Plant Pecans and Pistachios. Electrical next to property. Off of pavement. Lordsburg Needs Housing and Development. Work with the City of Lordsburg who are Pro-Growth. Owner Financing-25% Down and might carry upwards of 10 years.

Property Subtype:

Commercial

Date on Market:

2025-03-17

Eagle Nest Hospitality for Sale

Recently price reduced, this two-story Econo Lodge is located in northern New Mexico in the popular summer-home and resort destination Eagle Nest, New Mexico. Just minutes away from the Angel Fire Ski Area, the hotel is situated on the north shore of majestic Eagle Nest Lake and near the Enchanted Scenic Byway, Rocky Mountains, and the Colin Neblett Wildlife Area, the largest wildlife area in the state. This state park features the soaring 400-foot granite formations known as the Cimarron Palisades. Year round activities include fishing, hiking, skiing and relaxing. The 32-room hotel includes a guest laundry, breakfast area, a sundeck with a breathtaking view, copy & fax machine, meeting room and a fitness room and living quarters. There are also a limited number of cold weather and RV hook-ups. This absentee owner has the hotel currently leased out and will entertain all serious offers. Possible owner financing available. Please contact Peter Holmes for all tours. Please do not visit the hotel without signing a CA & making an appointment with the listing broker.

Property Subtype:

Hotel

Date on Market:

2023-02-08

Elephant Butte Land for Sale

SELLER FINANCING AVAILABLE, LOW DOWN. LAKESHORE HIGHLANDS 1.1 AC LAKE VIEW LOT 20%/DOWN 1.15 ACRE, SEE ATTACHED SURVEY. TERM AVAILABLE W/ 20% DOWN. KIND OF A QUIET COMMUNITY WITH FANTASTIC VIEWS. ELECTRIC & TEL. TO THE PROPERTY LINE. DEED RESTRICTION: NO MOBILE HOMES 5 MILES NORTH OF THE TOWN OF ELEPHANT BUTTE. LARGE SUBDIVISION WITH 100'S OF LOTS .

Property Subtype:

Residential

Date on Market:

2007-09-10

Grants Office for Sale

Well cared for building built in 1982. Newer roof is about 1year old. Refrigerated cooling system. Building previously used as Dental Office and is fully furnished for Dental Office. Building is also ideal for general office space. Great opportunity for an Albuquerque dentist, attorney, chiropractor or other professional to have for a second office. Owner may consider Seller Financing. Contact broker for details.

Date on Market:

2025-02-05