About 1100 Alvarado Drive Se
Investment package: Six updated condos in the 3-story, 42-unit gated Moana Condo Complex in SE Albuquerque near Kirtland AFB & Sandia Labs. Includes three 2BR/2BA, one 2BR/1BA, and two 1BR/1BA units. Secured parking in gated lot for 5 of the 6 condo units. Condo dues vary by size and cover exterior maintenance, exterior utilities (gas, water, sewer, trash), and exterior insurance; owner pays interior electric and taxes. Complex includes a pool. Fully leased; all units on leases with deposits in place. Current gross $81,888; NOI $40,065 (6.69% cap). Market rents project gross $98,352; NOI $51,053 (8.52% cap). Package sale only. Offers contingent on buyer's visual inspection within 72 hours of offer acceptance; proof of funds required on all offers. No sign or lockbox at property.
Residential Income property for sale in Albuquerque, NM at 1100 Alvarado Drive Se. This 2 bedroom Residential Income property is priced at $119/sqft
Features of 1100 Alvarado Drive Se
| MLS® # | 1098466 |
|---|---|
| Price | $599,000 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Square Footage | 5,053 |
| Year Built | 1965 |
| Type | Residential Income |
| Sub-Type | Other |
| Status | Active |
Community Information: Albuquerque
| Address | 1100 Alvarado Drive Se |
|---|---|
| Area | 71 - Southeast Heights |
| Subdivision | MOANA CONDO COMPLEX |
| City | Albuquerque |
| County | Bernalillo |
| State | NM |
| Zip Code | 87108 |
Amenities of 1100 Alvarado Drive Se
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Features | Gated, Pool |
| Is Waterfront | No |
| Has Pool | No |
Interior of 1100 Alvarado Drive Se
| Interior | See Remarks |
|---|---|
| Appliances | Free-Standing Electric Range, Refrigerator |
| Heating | Central, Forced Air, Hot Water |
| Cooling | Refrigerated |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior of 1100 Alvarado Drive Se
| Exterior Features | Landscaping, Lighting |
|---|---|
| Construction | Brick, Concrete |
Additional Information On 1100 Alvarado Drive Se
| Date Listed | February 17th, 2026 |
|---|---|
| Days on Market | 18 |
| RE / Bank Owned | No |
Listing Details
| Office | Beach Realty |
|---|