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501 S Avenue G - Eastern New Mexico University 6-Plex 6 Unit Apartment Building Offered at $450,000 Portales, NM 88130
Investment Highlights
- 100% Occupied as of February 2026
- All 2-Bedroom 1-Bath units
- Strong Historical Student Occupancy
Executive Summary
- 100% Occupied as of February 2026
- Strong Historical Student Occupancy
- All 2-Bedroom 1-Bath units
- Less than 1/2 mile from ENMU Campus
- Complete Remodel as of the last 5 years
- Three duplexes on one lot
- Strong Historical Student Occupancy
- All 2-Bedroom 1-Bath units
- Less than 1/2 mile from ENMU Campus
- Complete Remodel as of the last 5 years
- Three duplexes on one lot
Property Facts
| Price | $450,000 | Building Size | 6,300 SF |
| Price Per Unit | $75,000 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1977 |
| No. Units | 6 | Opportunity Zone |
Yes
|
| Property Type | Multifamily |
| Price | $450,000 |
| Price Per Unit | $75,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Building Size | 6,300 SF |
| No. Stories | 1 |
| Year Built | 1977 |
| Opportunity Zone |
Yes |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 100000000528200 | Improvements Assessment | $100,984 |
| Land Assessment | $4,760 | Total Assessment | $105,744 |
Property Taxes
Parcel Number
100000000528200
Land Assessment
$4,760
Improvements Assessment
$100,984
Total Assessment
$105,744
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501 S Avenue G - Eastern New Mexico University 6-Plex
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