Apartment Buildings /NM /Roosevelt County /Portales /501 S Avenue G
Apartment Buildings /NM /Roosevelt County /Portales /501 S Avenue G

501 S Avenue G - Multi-Family FOR SALE


Portales, NM 88130 | 
$450,000 USD
505-504-8883
501 S Avenue G, Portales, NM for Sale
$450,000 USD
Multi-Family - FOR SALE
1/6
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501 S Avenue G
Portales, NM 88130

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HIGHLIGHTS

  • 100% Occupied as of February 2026
  • Strong Historical Student Occupancy
  • All 2-Bedroom 1-Bath units

OVERVIEW

- 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

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$71 USD /SF

# OF UNITS

6

PRICE/UNIT

$75,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Eastern New Mexico University 6-Plex

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

100000000528200

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Luke ScarpaNAI Sun VistaMore Info
505-504-8883

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Luke ScarpaNAI Sun VistaMore Info
505-504-8883

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