Property Description

NM Apartment Advisors and Deacon Property Services are excited to bring this quality South UNM Campus / Sunport area fourplex to market. Located acrossthe street from the Puerta del Sol Golf Course, the property features stunning mountain views over the golf course. It is also just 1 block from the future site of the Aviation Center for Excellence, it's less than 1/2 a mile from the Max Q Development, and it's just 2 miles east of the just- announced Lobo Crossing Retail Development.With 4 modernized, well-apportioned 2 Bed / 1 bath apartments and 4 detached storage units, the property presents a unique opportunity for a conventional investor looking for a solid asset with easy upside potential or an ideal chance for an owner interested in living in an updated apartment and completing the ultimate investment house hack.All apartments are separately metered for gas and electric and offer enclosed private patios or balconies. Apartments have been updated as they've come available over the last few years. A new roof was put on the building in Summer of 2026. A full renovation wasalso just completed on Unit D, which has been left vacant and available for potential owner occupants as well as for showings with pre-approved buyers.Expedite your appreciation by grabbing simple and easy low hanging value, including: an unused common laundry room ready for renovation and inherent additional income, easy pathways for creating large backyards on the two ground floor units, and 4 separate, detached storage units that can be rented to tenants or the public for additional income.The same seller also owns 1815 Girard SE and will be soon bringing it to market at $510,000 as well. It also boasts a new roof (2025) and has a vacant apartment available for showings and / or an own-er occupant. If an investor decides to purchase bothcommunities together, Seller will offer a portfoliodiscount of $10,000 - for a Sales Price of $1,010,000for both properties (8 units).

Property Features