Moana Condominiums homes for sale in Albuquerque, NM

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, 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 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!

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%.

1339 San Mateo Boulevard SE, Albuquerque

This asset has been meticulously maintained with substantial capital expenditures completed, resulting in a stabilized, turn-key investment with minimal deferred maintenance. The offering presents investors with the opportunity to acquire a low-risk, stabilized multifamily asset in one of Albuquerque's fastest-appreciating apartment submarkets. With long-term, problem-free tenants and strong in-place operations, the property delivers immediate cash flow while offering organic rent growth upside driven by market fundamentals. This asset is well-suited for investors seeking stable income, downside protection, and long-term appreciation in a proven Albuquerque multifamily location.

1029 California Street SE, Albuquerque

SPACE, CHARACTER & AN OVERSIZED YARD! INVESTOR SPECIAL & GREAT CANDIDATE FOR RENOVATION LOAN! Welcome to a spacious 4-bedroom, 3-bath Albuquerque home with a basement offering even more flexibility for a home office, game room, gym, hobby space, or storage. Beautiful hardwood floors add warmth and character throughout.Outside, mature trees provide wonderful shade and an established feel, while the expansive backyard offers plenty of room to relax, entertain, or play. Gated RV access provides convenient space for recreational vehicles, trailers, or additional parking, and the covered patio is ideal for enjoying Albuquerque's beautiful weather.Additional highlights include double-insulated garage doors and a wired security system. Conveniently located near several neighborhood parks and less than a mile from the Kirtland Air Force Base Gibson Gate, this home offers a great combination of space, versatility, and accessibility in Southeast Albuquerque.This property is prime for renovation and ready for some TLC as it is being sold as-is condition. Whether you're looking to customize a home to fit your lifestyle, build equity through improvements, or take on your next investment project, there is plenty of potential here. An FHA/Conventional/VA 203(k) renovation loan may also be an option for qualified buyers, subject to lender, property, and program requirements. (Partner lender has program designed for this house as well as incentive to buyer!)

1907 Anderson PL SE, Albuquerque

SPACE, CHARACTER & VALUE IN RIDGECREST! Nearly 2,400 SF with 4 bedrooms, a possible 5th/flex space, 3 baths --all now offered at $450,000. This versatile two-story home delivers the space today's buyers are looking for without sacrificing the character that makes Ridgecrest special.A main-level primary suite provides privacy and convenience, while multiple living areas, an upstairs loft and dedicated office/studio create endless possibilities for working from home, guests, hobbies, play space or multi-generational living. Classic coved ceilings, arched doorways, hardwood and Saltillo tile floors, Talavera accents and abundant natural light bring warmth and authentic Albuquerque charm throughout.Major improvements include REFRIGERATED AIR, thermal double-pane windows and a TPO roof replaced in 2022. Outside, mature trees, inviting patios and a walled backyard provide space to relax and entertain. All of this in an established Ridgecrest setting just minutes from Nob Hill, UNM, Kirtland AFB, Sandia Labs, parks, dining and shopping.If you've seen this home before, it's time to take another look!

1908 Ridgecrest Drive SE, Albuquerque

Price Improvement! 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.