6720 Cochiti Road
Albuquerque, NM 87108
3
Bed
3
Bath
4,300Sqft
0.31Acre(Lot)
Start price is 10.41% cap rate at 6720 Cochiti SE presents a rare opportunity to acquire a nine-unit multifamily property in immediate proximity to Albuquerque's historic State Fair / EXPO NM. The State of NM, has approved an initial $114M in funding for what could become a ''billion dollars'' per Governor Lujan Grisham. Although the area appears a bit rough now, the state has indicated they intend to redevelop the NM Fair grounds, located just north of this property with $200M of redevelopment that could include a stadium for NM United, as well housing retail and a complete mixed-use community. The subject property is located about 400 feet due south of the center of the current State Fair grounds. One date for tours (noon 7/21) and one date for offers 7/22.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 3 -
Flooring Information
Tile -
Interior Features
Appliances: Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Wall Furnace Has Cooling: Yes Cooling: Evaporative Cooling
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Building Information
Year Built: 1950 Building Area Total: 4300 Construction Materials: Block, Frame, Stucco Stories: 1 Private Pool: No
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Lot Information
Lot Size Acres: 0.31 Lot Size Source: Public Records Lot Size Square Feet: 13552Property Information
Subdivision: Fairgrounds Addition Source Property Type: Residential Income Postal Code Plus 4: 3186 Zoning Description: MX-H* Property SubType: Multi Family Levels: One Property Age: 76
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Listing Price Information
Listing Price: $579000 Cash, Conventional
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Tax Information
Parcel Number: 101805742508041114 Annual Tax: $6952 Tax Legal Desc: Lots 5 & 6, Fair Grounds Addition
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Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected -
Location Information
Direction: From I-40 and Louisiana south to Cochiti, west to property.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 8600 Zuni Road, Albuquerque, NM, 87108 | $1,793,434 | 3 | 2 | 16,020 | 16,020 SqFt |
| 209 Texas Street, Albuquerque, NM, 87108 | $375,000 | 7 | 4 | 2,650 | 2,650 SqFt |
| 240 San Pablo Street, Albuquerque, NM, 87108 | $324,655 | 5 | 4 | 2,760 | 2,760 SqFt |
| 501-505 Mesilla Street, Albuquerque, NM, 87108 | $560,000 | 10 | 6 | -- | |
| 433 Mesilla & 437 (4 Lo.., Albuquerque, NM, 87108 | $2,323,232 | 3 | 2 | 14,688 | 14,688 SqFt |
| 633 Grove Street, Albuquerque, NM, 87108 | $250,000 | 2 | 2 | -- | |
| 205 Mesilla Street, Albuquerque, NM, 87108 | $350,000 | 4 | 4 | 2,800 | 2,800 SqFt |
| 613 Mesilla Street, Albuquerque, NM, 87108 | $1,397,298 | 14 | 14 | 6,408 | 6,408 SqFt |
| 635 Mesilla Street, Albuquerque, NM, 87108 | $798,456 | 8 | 8 | 2,688 | 2,688 SqFt |
| 416 Kentucky Street, Albuquerque, NM, 87108 | $249,900 | 4 | 3 | 1,584 | 1,584 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/30/2026 @ 18:20
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