Description
On behalf of the owners, NM Apartment Advisors and Deacon Property Services are excitedto bring to market such a high rate of return multi-family investment. Located at 6720 CochitiSE - just one block from historic Route 66 which contains the spine of Albuquerque's masstransit corridor. Although the area appears a bit rough now, the state has indicated they in-tend to redevelop the NM Fair grounds, located just north of this property with $200M of re-development that could include a stadium for NM United, as well housing retail and a com-plete mixed use community.6720 Cochiti SE offers a fantastic opportunity to capitalize on cross-community concentrationon improving the International District and the Fairgrounds neighborhoods. The compound of9 units has been totally updated and fortified by quality metal fencing and multiple secureddrive-thru & pedestrian gate entries. Inside the compound, residents enjoy meandering walk-ways to their unique casita-style 1 bedroom apartments, secured common patio space, acommon laundry room, and secured off-street parking. All apartments have been properlyupdated with quality, long-term finishes including thermal windows, luxury vinyl plank flooring,custom tile work, and contemporary fixtures.Beyond its proximity to Expo NM/State Fair grounds, Kirtland Air Force Base, Sandia NationalLaboratories, Ta-Lin International Marketplace and the 3 million square feet of retail in ABQ'sUptown Area, any savvy investor knows there are three magic numbers for Albuquerque:100, 320 and 24,343. Albuquerque has been home to the historic mother road, Route 66, for100 years of its 320-year history, and it's currently undergoing a housing shortage of 24,343units. Do not miss out! This marketplace has not offered a 8%+ cap rate multi-family investment opportunity in many decades - especially on a property that has already been so significantly updated.
-
3BEDS
-
0.31ACRES
-
3BATHS
-
01/2 BATHS
-
4,300SQFT
-
$172$/SQFT
School Ratings & Info
Description
On behalf of the owners, NM Apartment Advisors and Deacon Property Services are excitedto bring to market such a high rate of return multi-family investment. Located at 6720 CochitiSE - just one block from historic Route 66 which contains the spine of Albuquerque's masstransit corridor. Although the area appears a bit rough now, the state has indicated they in-tend to redevelop the NM Fair grounds, located just north of this property with $200M of re-development that could include a stadium for NM United, as well housing retail and a com-plete mixed use community.6720 Cochiti SE offers a fantastic opportunity to capitalize on cross-community concentrationon improving the International District and the Fairgrounds neighborhoods. The compound of9 units has been totally updated and fortified by quality metal fencing and multiple secureddrive-thru & pedestrian gate entries. Inside the compound, residents enjoy meandering walk-ways to their unique casita-style 1 bedroom apartments, secured common patio space, acommon laundry room, and secured off-street parking. All apartments have been properlyupdated with quality, long-term finishes including thermal windows, luxury vinyl plank flooring,custom tile work, and contemporary fixtures.Beyond its proximity to Expo NM/State Fair grounds, Kirtland Air Force Base, Sandia NationalLaboratories, Ta-Lin International Marketplace and the 3 million square feet of retail in ABQ'sUptown Area, any savvy investor knows there are three magic numbers for Albuquerque:100, 320 and 24,343. Albuquerque has been home to the historic mother road, Route 66, for100 years of its 320-year history, and it's currently undergoing a housing shortage of 24,343units. Do not miss out! This marketplace has not offered a 8%+ cap rate multi-family investment opportunity in many decades - especially on a property that has already been so significantly updated.
IDX information © 2026 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Sandi Pressley Team | Coldwell Banker Legacy. Data last updated: 2026-08-10T00:05:05.743.
![Southwest MLS] logo](https://static.boomtownroi.com/content/photos/swmls/idx/idx-large.gif)
Listing courtesy of NM Apartment Advisors, Inc.: (505) 440-8633. © 2026 Southwest Multiple Listing Service, Inc.