Property Description

1237 Menaul Blvd. NW presents an attractive value-add multifamily investment opportunity in Albuquerque's North Valley. This fully occupied 4-plex features an efficient unit mix consisting entirely of spacious 2-bedroom, 1-bathroom units, with significant upside potential through rental rate increases. Several units have undergone interior renovations, offering investors an opportunity to capitalize on below-market rents and continued income growth. Unit amenities include refrigerated air, in-unit washer/dryer hookups, and private balconies or patios. Conveniently located near I-40 and the Indian Pueblo Cultural Center, the property provides excellent accessibility to Downtown Albuquerque, major employment centers, and surrounding amenities.

Property Features