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Gold Manor 802 Gold Ave SW 28 Unit Apartment Building $2,700,000 ($96,429/Unit) 6.66% Cap Rate Albuquerque, NM 87102
Executive Summary
802 Gold Avenue Southwest offers multifamily investors a strategic entry point into Albuquerque's downtown revitalization. The property occupies a central position on Gold Avenue Southwest, a key downtown corridor experiencing renewed commercial and residential activity. With downtown Albuquerque undergoing targeted investment and placemaking initiatives, this location captures emerging demand from both renters seeking urban convenience and investors targeting growth. Property includes on-sight laundry and an internal courtyard.
Please call listing brokerage for any inquiries:
Nickolas Chavez - 505-803-0828
Rhino Realty Property Management, LLC
REC20230594
Please call listing brokerage for any inquiries:
Nickolas Chavez - 505-803-0828
Rhino Realty Property Management, LLC
REC20230594
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,700,000 | Building Class | C |
| Price Per Unit | $96,429 | Lot Size | 0.37 AC |
| Sale Type | Investment | Building Size | 16,854 SF |
| Cap Rate | 6.66% | Average Occupancy | 100% |
| No. Units | 28 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1966 |
| Property Subtype | Apartment | Parking Ratio | 1.66/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-MH - R-MH | ||
| Price | $2,700,000 |
| Price Per Unit | $96,429 |
| Sale Type | Investment |
| Cap Rate | 6.66% |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 16,854 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1966 |
| Parking Ratio | 1.66/1,000 SF |
| Zoning | R-MH - R-MH |
Amenities
Unit Amenities
- Air Conditioning
- Disposal
- Heating
Site Amenities
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Trash Pickup - Curbside
- Bicycle Storage
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | $785.00 | 475 |
| 1+1 | 20 | $890.00 | 584 |
| 2+1 | 6 | $1,025 | 733 |
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 1-014-057-006408-2-20-10 | Total Assessment | $206,504 |
| Land Assessment | $20,067 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $186,437 | Tax Year | 2025 |
Property Taxes
Parcel Number
1-014-057-006408-2-20-10
Land Assessment
$20,067
Improvements Assessment
$186,437
Total Assessment
$206,504
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Gold Manor | 802 Gold Ave SW