BEDS8
BATHS
SQUARE FEET3,400
MLS#1103919
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONColeman Add
Property Description
**Property is being sold as a package with 1225 Menual Blvd. NW** 1225 & 1237 Menaul Blvd. NW present a strong value-add multifamily investment opportunity with a projected 6.44% pro forma cap rate and 100% occupancy as of May 2026. The properties feature an efficient unit mix comprised entirely of spacious 2-bedroom, 1-bath units, appealing to a broad tenant base. Several units have recently undergone interior renovations, creating additional upside through future rent growth and continued operational improvements. Unit amenities include refrigerated air, in-unit washer/dryer hookups, and private balconies or patios. Conveniently located near I-40, the properties offer quick access to Downtown Albuquerque, employment centers, and the Indian Pueblo Cultural Center.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Refrigerated
Heating: Central, Forced Air
Lot Size: 0.12 Acres
Stories: 2.0
Taxes: $8,019
Year Built: 1980
Feature Descriptions
Appliances: Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator
Community Features: Deck/Porch
Fireplace: Option
Flooring: Vinyl
Laundry: Washer Hookup, Dryer Hookup, In Unit
Parcel#: 101305946841011004
Units: 4
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Listed By / Shown By
Listed By
Agency Name: NAI SunVista Commercial RE
Agency Phone: (505) 878-0001
Shown By
Agent Name: Jolene Herrera
Agent Phone: (505) 410-4818
Agency Title: Coldwell Banker Legacy
Estimate Your Payment
Estimated Payment
$ 2,084.19 per month $1,251.88 Principal & Interest $668.25 Property Tax $164.06 Homeowner's InsuranceChange Payment Information
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1237 Menaul Boulevard Nw | MLS# 1103919
This multi-family property located at 1237 Menaul Boulevard Nw, Albuquerque, NM 87107 is currently listed for sale with an asking price of $562,500. Search Albuquerque real estate on jherrera.cblegacy.com today.