Berger Briggs Real Estate & Property Management, Inc.
For Sale Multifamily

9-Unit 1030 - 1040 Truman

1030-1040 Truman, Albuquerque, NM 87108
Sale Price
$1,500,000
Total Units
9
Building Size
9,650 SF
Cap Rate
6.5%
Year Built
1962
Property Overview
Investment Description
Investment Description

A rare opportunity to acquire a stabilized 48-unit multifamily asset in the heart of Albuquerque. Strong in-place income with upside potential through rent optimization.

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Site Details
Site & Location

Strategically located in Albuquerque, NM with convenient access to major corridors, public transit, and established retail amenities nearby.

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Market Report
Multifamily Market Report Q4

Review the latest Albuquerque multifamily market conditions, vacancy trends, rent growth, and investment outlook compiled by Berger Briggs.

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About This Opportunity

A Premier Albuquerque Multifamily Investment

Terrace Gardens presents investors with a compelling opportunity to acquire a well-positioned multifamily asset in one of Albuquerque's established residential corridors. The property benefits from strong local rental demand driven by proximity to major employment centers, the University of New Mexico, and key transportation routes.

Berger Briggs Real Estate & Property Management has served Albuquerque and New Mexico since 1937. Our team combines deep local market expertise with CCIM-certified investment analysis to deliver maximum value for buyers and sellers of commercial and investment properties.

For more information, contact Tai Talley at 505-980-6151 or [email protected].

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