$560,000
Listed on Aug 29, 2026
10 bds · 6 ba · 4,248 sqft
501-505 Mesilla Street SE, Albuquerque, 87108
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(505) 521 8550
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1100 Alvarado Drive SE
Albuquerque, NM 87108
This property is not for sale.
Sold on 03.23.2026 for $599,000
10
Beds
9
Baths
5,053
SqFt Home
1
Story
1965
Year Built
Community
Pool
Gated
Community
87108
Zip Code
Bernalillo
County
About this property
Investment package: Six updated condos in the 3-story, 42-unit gated Moana Condo Complex in SE Albuquerque near Kirtland AFB & Sandia Labs. Includes three 2BR/2BA, one 2BR/1BA, and two… Show more
Investment package: Six updated condos in the 3-story, 42-unit gated Moana Condo Complex in SE Albuquerque near Kirtland AFB & Sandia Labs. Includes three 2BR/2BA, one 2BR/1BA, and two 1BR/1BA units. Secured parking in gated lot for 5 of the 6 condo units. Condo dues vary by size and cover exterior maintenance, exterior utilities (gas, water, sewer, trash), and exterior insurance; owner pays interior electric and taxes. Complex includes a pool. Fully leased; all units on leases with deposits in place. Current gross $81,888; NOI $40,065 (6.69% cap). Market rents project gross $98,352; NOI $51,053 (8.52% cap). Package sale only. Offers contingent on buyer's visual inspection within 72 hours of offer acceptance; proof of funds required on all offers. No sign or lockbox at property.
Property details for 1100 Alvarado Drive SE
Interior
Bathrooms Total:
9
Appliances:
Free-Standing Electric Range, Refrigerator
Flooring:
See Remarks
Exterior and lot
Exterior Features:
Landscaping, Lighting
Parking Total:
5
Pool Features:
Community
Building and construction
Property Type:
Residential Income
Building Area Total:
5,053 sqft
Year Built:
1965
Construction Materials:
Brick, Concrete
Builder Name:
UNK
Levels:
One
Number Of Units Total:
6
Stories:
1
Property Condition:
Resale
Provisional
MLS #:
1098466
Gross Income:
81888
Listing Terms:
Cash, Conventional
Number Of Buildings:
2
Occupant Type:
Owner
Operating Expense:
37728
Owner Pays:
Association Fees, Common Area Maintenance, Gas, Sewer, Trash Collection, Water
Tenant Pays:
Electricity
Total Actual Rent:
6824
Area and schools
Community Features:
Gated, Pool
City:
Albuquerque
Postal Code:
87108
MLS Area Major:
Southeast Heights
Subdivision:
MOANA CONDO COMPLEX
County:
Bernalillo
Parcel Number:
00000000000000
Utilities
Utilities:
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling:
Refrigerated
Heating:
Central, Forced Air, Hot Water
Heating (Y/N):
Yes
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1100 Alvarado Drive SE Albuquerque, NM 87108 listed as MLS #1098466.
This 10 bedroom 5,053 sqft Residential Income built in 1965 located in Albuquerque NM 87108.
1100 Alvarado Drive SE was sold for $599,000 as MLS #1098466.
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which consumers may be interested in purchasing.
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