Fairgrounds homes for sale in Albuquerque, NM
Fairgrounds is a residential subdivision in the Southeast Heights area of Albuquerque, New Mexico, in Bernalillo County (87108). The subdivision is served by Whittier Elementary, Wilson Middle, and Highland High schools. Community features noted on listings here include curbs, gutter(s), and sidewalks. 2 homes and 1 land lot are currently for sale.
6404 N Cochiti Road SE, Albuquerque
Albuquerque's historic State Fair / EXPO NM. Multi-use property close to the NM State fair grounds is being sold jointly with adjacent property 6406 Cochiti (0.17 acres) 1 Bedroom, 1 Bathroom. Zoned C-3, the properties are being sold as-is. Please contact listing broker for additional details. Do not disturb tenants
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.
6525 COCHITI Road SE, Albuquerque
** Priced to sell! Development site with 24-unit apartment plans. Conceptual plans have already been approved by the City of Albuquerque's Development Review Board and the Fire Marshal's Office. Owner financing is available--20 % down, 3-5-year term, plus additional options. Build-to-suit services (custom design and construction available at cost) can also be arranged.
Explore nearby properties (within 1 mile):
6406 N Cochiti Road SE, Albuquerque
Please contact listing broker for additional details. Do not disturb tenants
High-yield investment opportunity with an 12% cap rate and owner financing available. This income-producing property offers multiple revenue streams on one parcel, including an updated duplex, an owned mobile home, and four additional mobile home pads with expansion potential. Duplex features a 1BR/1.5BA unit with walk-in closet and two fireplaces, plus a 3BR/2BA unit. Ideal for investors seeking immediate cash flow with future upside. Call for details.
Two adjacent MX-L zoned commercial lots totaling approximately 0.31 acres at the southeast corner of Zuni and Florida in Albuquerque's SE Heights. These lots offer full Zuni Road frontage and access along a commercial and residential corridor with strong daily traffic counts of roughly 13,680 vehicles per day.The MX-L (Mixed-Use Low Intensity) zoning opens the door to a wide range of development opportunities, including retail, service-related, and community-oriented uses. Owner financing available. 20% down, 7.5% interest, 2-year term, amortization negotiable.
Two adjacent R-ML zoned multi-family lots totaling approximately 0.31 acres just off the SEC of Zuni Rd & Florida St in Albuquerque's SE Heights. R-ML zoning supports a range of multi-family development.Owner financing available. 20% down, 7.5% interest, 2-year term, amortization negotiable.
Contact agent prior to scheduling a showing! Short sale - Priced for quick action and CASH OFFERS ONLY! Subject to full bank approval. Property Highlights: Spacious lot with room to customize or expand. This 3-bedroom, 2-bath single-family home 1303 Square feet on a 7,000 sq ft lot has a lot of potential for the right buyer or investor. Proof of funds required with offer and Sold ''As-Is''Serious cash buyers only - please contact me for more details, to schedule a showing, or to submit an offer. All offers will be presented to the lender for approval.
401 & 405 Indiana Street SE, Albuquerque
Prime investment opportunity featuring two side-by-side fourplexes (8 total units)). Each 800 sq ft, 2-bed, 1-bath residence features an efficient floor plan with bright living space, full kitchen, and dedicated in-unit laundry hookups. This high-demand amenity eliminates shared laundry logistics, drives tenant retention, and supports premium rents.
503 San Pedro Drive SE, Albuquerque
Nice Property, WITH POTENTIAL FOR MANY USES perfect for your clients looking into home office or live in and work situation. it was used as an office at one time but now is used as residential.MXL Legally Non Conforming Zoning, might be used for either residential or Commercial according to the Zoning and Planning department. Please have your client call them to confirm it. Property is in good condition but seller is selling ''As is'' and willing to do only Lender required repairs.Property is on a Month to Month Lease.
416 Kentucky Street SE, Albuquerque
Unlock your next (or first!) stream of passive income with this rock-solid residential duplex. Each unit offers a functional 2-bedroom, 1-bathroom layout, complete with private patios. This is more than just a duplex; it's a foundation for long-term equity growth
610 San Pedro Drive SE, Albuquerque
Great Location and Investment Opportunity. *** PLEASE DO NOT DISTURB OR TALK WITH TENANTS! Thank you! *** Both units are leased and property is in good condition as well. Large Garages and extra storage space for each unit. Easy access with plenty of space. Thank you.
620 San Pedro Drive SE, Albuquerque
This duplex offers a 1BR unit and 2BR unit, both are 1BA. 2 detached garages in the rear are occupied by the tenants. 618 unit has new vinyl thermal windows, new vinyl and rebuilt bath plus new appliances. 620 unit has older thermal windows. Both units have had hardwood floors refinished in recent years. TPO roof is roughly 8 years old on both buildings. Both units are occupied. New electrical service in 2021.
Daria Derebera
Real Estate Broker in Albuquerque, NM
Explore nearby subdivisions in Albuquerque Area
Looking beyond Fairgrounds? These nearby subdivisions in the Albuquerque area have homes on the market now. Each one has its own character and price range, so comparing a few is the quickest way to find the right fit.
- Fair Grounds — 1 Listing ~0 Miles Away
- Mesa Park — 1 Listing ~0 Miles Away
- Park — 4 Listings ~0 Miles Away
- Park Add Ora M Clarks — 1 Listing ~0 Miles Away
- Eden — 2 Listings ~0 Miles Away
- Baron Burg Heights — 3 Listings ~0 Miles Away
- Shirleys — 1 Listing ~0 Miles Away
- Shirley S — 2 Listings ~0 Miles Away
- James — 1 Listing ~1 Miles Away