$3,965,358
1 Beds | 1 Baths | 25,632 sqft
1200 Ortiz Dr SE
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$3,965,358
ACTIVE
1200 Ortiz Dr SE, Albuquerque, NM 87108
1 Beds
1 Baths
25,632 SqFt
About This Home

Measures of investment performance at ask price of $3,965,358 and current average rent of $745 are a GRM of 10.08, a 6.65% cap rate, cash on cash of 6.42%, $90,122 per unit, and $154/sf. If rents were raised to market rents of $1,002, measures of investment performance increase to a GRM of 7.50, and a 8.65% cap rate.Please note the numerous property upgrades listed ...

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Snapshot
  • Price:
  • $3,965,358
  • Bedrooms:
  • 1
  • Total Baths:
  • 1
  • Square Footage:
  • 25,632
  • Acreage:
  • 0.31
  • Year Built:
  • 1964
  • Listing ID #:
  • 1092641
  • Street Address:
  • 1200 Ortiz Dr SE
  • City:
  • Albuquerque
  • State:
  • NM
  • Postal Code:
  • 87108
  • County:
  • Bernalillo
  • Community:
  • 71 - Southeast Heights
  • Subdivision:
  • Virginia Place Addition
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
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Listing Provided By: Todd D Clarke with NM Apartment Advisors
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Last updated: 11/06/2025
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