Moana Condo Complex homes for sale in Albuquerque, NM

1100 Alvarado Drive SE, Albuquerque

Investment package: 3 updated condos in the 3-story, 42-unit gated Moana Condo Complex in SE Albuquerque near Kirtland AFB & Sandia Labs. Includes one 2BR/2BA, one 2BR/1BA, and one1BR/1BA unit. Secured parking in gated lot for 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. 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.

1100 Alvarado Drive SE APT 310, Albuquerque

Affordable and centrally located 1-bedroom condo with easy access to Kirtland Air Force Base, Sandia National Laboratories, the Albuquerque International Sunport, and major interstates. All utilities (except electric) covered by HOA. This move-in ready unit features fresh paint, updated flooring, a dishwasher, and modern lighting. Enjoy a private balcony off the bedroom with beautiful western views--perfect for catching Albuquerque sunsets. The community offers lush green spaces, mature trees, and assigned parking in a gated lot.

1100 Alvarado Drive SE APT 202, Albuquerque

Exceptionally clean condo on second floor complete with Refrigerator, dishwasher, overlooking the pool and common areas. This unit is in a gated secured community ,complete with a refreshing pool & well manicured lawn. It is completely fenced and has postal boxes on the premises & close to Kirtland Air Force base, VA hospital and plenty of restaurants and a nearby Walmart. HOA covers Water, Sewer, Refuse, Pool, Laundry Facilities, Rec Room, Common Area maintenance, Roof, & Insurance for outside of buidlings.

1100 Alvarado Drive SE APT 108, Albuquerque

Come and see this well maintained and updated condo! Lower level that faces the courtyard and is next to the pool just adds to the entering living of your home! Cozy wood burning fireplace, bar tops in your kitchen, large bedrooms with nice walk in showers completes what this condo has to offer! Your home is close to the Base, Airport, UNM and Downtown so it gives you ease of commute to where ever you need to go! Schedule a time to preview it today!

1025 Valencia Drive SE APT 16, Albuquerque

Top-floor 1-bedroom, 1-bath condo in the gated Tres Caminos community offering 582 square feet and plenty of potential for the next owner. This second-story unit features a functional floor plan, abundant natural light, refrigerated central air, gas range, and a private balcony overlooking the community pool area. The property is ready for renovation and personalization, making it a great opportunity for an investor or buyer looking to create an affordable home of their own. Community amenities include an on-site laundry facility, common-area maintenance, exterior building maintenance, and front landscaping. Buyer to verify current HOA inclusions and community amenities. Conveniently located near shopping, dining, parks, Albuquerque International Sunport, Kirtland Air Force Base, the VA Hospital, and Sandia National Laboratories. Cash-only complex. Property is being sold As-Is.

1024 Alvarado Drive SE APT 6, Albuquerque

*Property is being sold as a package with 1008 Alvarado Dr. SE* Offered at $3,400,000 ($79,070/unit), this 43-unit multifamily investment presents a compelling value-add opportunity with a 5.89% acquisition cap rate and a projected 6.42% pro forma cap rate. The property was 100% occupied as of March 2026 and features in-place rents estimated to be approximately 14% below market, providing meaningful revenue upside. Recent interior renovations have been completed throughout the majority of units, reducing near-term capital needs. Located within Albuquerque's established Southeast submarket, the property benefits from proximity to Kirtland Air Force Base, major employment centers, and convenient I-25 access. Seller financing is available.

1008 Alvarado Drive SE, Albuquerque

*Property is being sold as a package with 1024 Alvarado Dr. SE* Offered at $3,400,000 ($79,070/unit), this 43-unit multifamily investment presents a compelling value-add opportunity with a 5.89% acquisition cap rate and a projected 6.42% pro forma cap rate. The property was 100% occupied as of March 2026 and features in-place rents estimated to be approximately 14% below market, providing meaningful revenue upside. Recent interior renovations have been completed throughout the majority of units, reducing near-term capital needs. Located within Albuquerque's established Southeast submarket, the property benefits from proximity to Kirtland Air Force Base, major employment centers, and convenient I-25 access. Seller financing is available.

1104 Palomas Drive SE, Albuquerque

On behalf of the owners, NM Apartment Advisors and Deacon Property Services are excited to bring to market this opportunity to purchase this 10-plex with two bedroom, one bathroom units. The property includes two fourplexes and one duplex.The prior owner remodeled the property with new soffits, new windows, synthetic stucco, new solid laminate flooring, updated lighting, updated electrical, as well as replacing some of the hot water heaters, and new central forced air furnaces.This 10-plex is located in an area of that has had major announcements of new employment. Couple that with the impact of the citywide expansion of Netflix, Face-book, Intel and Amazon and this property is well positioned to enjoy the forthcoming wave of appreciation and rent growth.

1315 Madeira Drive SE, Albuquerque

This your chance to own a unique part of Albuquerque history and a rare opportunity to acquire an amazing fourplex that was built by the same engineer/ developer who built the Trestle. What is the Trestle? It is the world largest free standing wood structure containing 6.5 million board feet in a structure that is 12 stories tall and 1,000 feet long. Built in the early 1970s for $58M, this structure is part of our cold war history.This fourplex is part of a larger 16 units (4 x fourplexes) community that was developed by Dr. Carl Baum as his primary residence while he worked at Kirtland Air Force Base.Dr. Baum was known as a world recognized expert on electromagnetic pulse phenomena. He designed and built this portfolio of apartments to be closer to work and model his lifestyle after his work ethic.Beyond this Property's rich history, residents love the upgraded & properly loaded 2 bedroom 1 bath floor plans with quality updates, solid surface flooring throughout, modern fixtures, full size washer / dryers in a separate utility closets, big courtyard spaces, and large & updated kitchens with all appliances -including dishwashers.Measures of investment performance include: at ask price of $522,720, $130,650 per unit, $138.87/sf, 6.92% before reserves CAP rate, a 6.75% after reserves cap rate, and an after tax IRR of 19.2%.

1908 Ridgecrest Drive SE, Albuquerque

Diamond in the rough! Great home in wonderful Ridgecrest area. Unique 2 Bedroom Brick Home. Large living room with wood burning fireplace and 2 closets add additional storage. Living room area could accommodate a Rear Dinning area. Just a few steps further past the sliding glass door you'll be in the sunroom or maybe your office. Another glass door from the Sunroom will take you to a big patio Huge eat in Kitchen has lots of cabinets and walk in pantry. New Fridge, dishwasher, separate built in Oven and stove top. New Barn doors allow for ez entry to Full Bathroom, Master Closet and Pantry. Openings can accommodate a wheel chair. Bedrooms have hardwood floors, plenty of closet space and windows to let our NM sunshine in. The full bath has shower and separate bath tub. The Half bath by the Kitchen works great for dinner guest. Laundry area is located in the Garage. This Home has lots a great qualities and has good bones. Just needs some TLC. Come take a look at this one before it's gone.

932 Florida Street SE, Albuquerque

Welcome to this spacious 4 bedroom, 2 bath home offering an inviting layout and thoughtful updates throughout. This many bedrooms and size of home does not come around often! In recent years, the seller has updated the kitchen, refreshed the interior with new paint, and removed all carpeting for a cleaner, low-maintenance feel. The generous living area flows into the dining space, creating a comfortable setting for everyday living and entertaining. The kitchen offers a functional layout with plenty of storage. Outside, the spacious yard provides room to relax, entertain, garden, or create your own outdoor retreat. With its flexible floor plan, recent improvements, and convenient SE Albuquerque location, this home is ready for its next owner to make it their own.