$528,895
4 bds · 4 ba · 3,816 sqft
1928 Buena Vista Drive SE, Albuquerque, 87106
6720 Cochiti Road SE
Albuquerque, NM 87108
$740,831
$172/SqFt
3
Beds
3
Baths
4,300
SqFt Home
1
Story
1950
Year Built
13,552
SqFt Lot
Estimated Mortgage
$3,746/mo
Based on $148K down · 6.5% · 30yr
About this property
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 -… Show more
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.
Property details for 6720 Cochiti Road SE
Interior
Bedrooms Total:
3
Bathrooms Total:
3
Appliances:
Refrigerator
Flooring:
Tile
Exterior and lot
Lot Size Acres:
0.31
Lot Size:
13,552 sqft
Building and construction
Property Type:
Residential Income
Property Sub Type:
Multi Family
Property Sub Type Additional:
Multi Family
Building Area Total:
4,300 sqft
Year Built:
1950
Construction Materials:
Block, Frame, Stucco
New Construction:
No
Levels:
One
Number Of Units Total:
9
Stories:
1
Property Condition:
Resale
Provisional
MLS #:
1106356
Gross Income:
94786
Listing Terms:
Cash, Conventional
Number Of Buildings:
3
Operating Expense:
36781
Owner Pays:
Other, See Remarks
Tenant Pays:
Other, See Remarks
Total Actual Rent:
8235
Area and schools
City:
Albuquerque
Postal Code:
87108
MLS Area Major:
Fairgrounds
Subdivision:
Fairgrounds Addition
County:
Bernalillo
Parcel Number:
101805742508041114
Utilities
Utilities:
Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Cooling:
Evaporative Cooling
Heating:
Wall Furnace
Heating (Y/N):
Yes
Listing and financial details
Listing Date:
June 29, 2026
Location
Directions: From I-40 and Louisiana south to Cochiti, west to property.
Estimated Mortgage
$3,746/mo
Based on $148K down · 6.5% · 30yr
Homes for sale similar to 6720 Cochiti Road SE
Homes recently sold near 6720 Cochiti Road SE
6720 Cochiti Road SE, Albuquerque, NM 87108 listed as MLS #1106356.
This 3 bedroom 4,300 sqft Multi Family built in 1950
located in Fairgrounds Addition, Albuquerque NM 87108.
6720 Cochiti Road SE is listed for $740,831 as MLS #1106356 courtesy of NM Apartment Advisors, Inc. Todd D Clarke.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from
sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’
personal, non-commercial use and may not be used for any purpose other than identifying properties
which consumers may be interested in purchasing.
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Connect with a real estate agent today — Call/text (505) 521 8550
About International District
The International District occupies the part of southeast Albuquerque bounded by San Mateo Boulevard on the west, Lomas Boulevard on the north, Wyoming Boulevard on the east and Gibson Boulevard on the south. Little of it existed before World War II; the grid filled in between 1940 and 1960, as work at Kirtland Air Force Base and Sandia National Laboratories drove the city's postwar growth.
Read about International District Community.Connect with a local International District real estate agent
Call/text
(505) 521 8550
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