615 Iron Avenue SW Albuquerque, NM 87102
Exceptional investment opportunity! This modern 6-unit building, just two years old, showcases quality craftsmanship from an experienced builder/owner and delivers an impressive cap rate. Each unit is thoughtfully designed with contemporary finishes and efficient layouts, ensuring both style and durability. Currently operated as successful Airbnb rentals, this property offers strong, proven income potential and immediate cash flow. The building's newer construction minimizes maintenance costs while maximizing long-term value, ideal for investors seeking turnkey performance in a thriving short-term rental market. A rare chance to own a high performing income property built and managed with experience and attention to detail. 5 of 6 units are now cash flowing AirBnB units - See APOD
property details
Interior Features
Concrete
Carpet
Exterior Features
Utility & Building Info
Forced Air
Central
Price History
| date | event | price | source |
|---|---|---|---|
|
05/05/2026
05/05/2026
|
Active |
$1,500,000
|
Southwest MLS New Mexico |
Market Trends
Source: Constellation1
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