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1100 Alvarado Drive SE Albuquerque, NM $ 599,000
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$ 599,000 Get more info
1100 Alvarado Drive SE
$ 599,000
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1100 Alvarado Drive SE

Albuquerque, NM, 87108
$ 599,000
Bedrooms2 Baths2.0 Sq 5,053

Monthly Estimate*

$ 3,688

1100 Alvarado Drive SE, Albuquerque, NM 87108 - Image 1
1100 Alvarado Drive SE, Albuquerque, NM 87108 - Image 2
1100 Alvarado Drive SE, Albuquerque, NM 87108 - Image 3
1100 Alvarado Drive SE, Albuquerque, NM 87108 - Image 4
1100 Alvarado Drive SE, Albuquerque, NM 87108 - Image 5
1100 Alvarado Drive SE, Albuquerque, NM 87108 - Image 6
1100 Alvarado Drive SE, Albuquerque, NM 87108 - Image 7

Multi-Family Home for sale in Albuquerque, NM

for $599,000 with 2 bedrooms and 2 full baths. This 5,053 square foot home was built in 1965.

Investment package: Six updated condos in the 3-story, 42-unit gated Moana Condo Complex in SE Albuquerque near Kirtland AFB & Sandia Labs. Includes three 2BR/2BA, one 2BR/1BA, and two 1BR/1BA units. Secured parking in gated lot for 5 of the 6 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. Current gross $81,888; NOI $40,065 (6.69% cap). Market rents project gross $98,352; NOI $51,053 (8.52% cap). 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.

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Multi-Family Active

Price

$ 599,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,474

Style

Year Built

1965

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1098466
Features
General
Heating Central Forced Air Hot Water
Cooling Refrigerated
Utilities Cable Available Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Free-Standing Electric Range Refrigerator
Pool Features Community
Security Features Complex Fenced
Construction Materials Brick Concrete
Year Built 1965
Tenant Pays Electricity
Stories Count 1
Levels One
Property Subtype Other
Gross Income 81888
Community Features Gated Pool
Accessibility None
County Bernalillo
Operating Expense 37728
New Construction false
Property Type Residential Income
Subdivision Name MOANA CONDO COMPLEX
Green Energy Generation None
Status Active
Directions From Gibson and San Pedro. Head North on San Pedro to Eastern. Turn (left) West on Eastern to Alvarado. Turn (right) North on Alvarado to property. Located on the SE corner of Alvarado and Ross Ave.
City Albuquerque
Disclosures Lead Based Paint Disclosure Principal is Real Estate Licensed RANM 2100 Disclosure
Zoning Description R-MH*
Number Of Units Total 6
MLS Area 71 - Southeast Heights
Lot Size Square Feet 0
Listing Terms Cash Conventional
Tax Annual Amount 4474
Property Condition Resale
Builder Name UNK
Standard Status Active
Occupancy Type Owner
Year Built Source Public Records
Property Sub Type Additional Other
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Interior
Flooring See Remarks
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 2
Total Baths 2
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Exterior
Exterior Amenities Landscaping Lighting
Total Parking 5
Number of Buildings 2
Building Area Total 5053
Lot Size Acres 0
Lot Size Source Public Records
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* Excluded Features
List By
Eric K Beach

Listing Agent

Beach Realty

Broker

beacheric@comcast.net

Email

Affordability Calculator

$4,061
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,688
Monthly Property Taxes
$373
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/18/2026$599,000 Listed Price

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1100 Alvarado Drive SE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $599,000 with 5,053 sqft. 1100 Alvarado Drive SE has 2 bedrooms, 2.0 baths, and was built in 1965. The property's zip code is 87108 which is in Albuquerque, NM

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