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$450,000
Offered at an asking price of $450,000, the property generates a compelling 6.77% cap rate, providing investors with immediate cash flow and long-term upside potential. Fully remodeled within the last five years, this six-unit property consists of three duplexes situated on a single lot and is 100% occupied as of February 2026. Featuring all 2-bedroom, 1-bathroom units, the property benefits from strong historical occupancy driven by its location less than a half-mile from Eastern New Mexico University, making it an attractive and proven student housing investment.
2
BEDS
1
BATHS
4,872
SQFT
0.48
ACRES
Daria Derebera
Real Estate Broker in Albuquerque, NM
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