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1004 Nm 76, 
Espanola, NM 87532

$1,023,993


Bed


Bath


5,338

Sq Ft


Multi-Family

Active

Listed by

Todd D. Clarke

Nm Apartment Advisors, Inc.

505-440-8633

Last updated:

July 12, 2025, 11:47 PM

MLS#

202503167

Source:

NM SFAR

About This Home

1004 Nm 76

This seven plex is well located in close proximity jobs, retail, restaurants, casinos and the world famous El Parasol and Rancho Chimayo Restaurants. Each of the units has it’s own laundry or shares with one additional unit. Most of the residences have their own private yard spaces and truly feel like separate cottages in a larger northern New Mexico familial compound setting. The property is a value-add opportunity if repositioned to take advantage of the announced 20,000 jobs, at the rate of 2,000 per year, at Los Alamos National Laboratories (LANL) that will spill in the surrounding towns, cities and counties. The subject property is located 22 miles to the front gate of LANL. This property is strategically located at one corner of the Los Alamos/Espanola/Santa Fe employment triangle, which boasts a population of 217,008, with a median age of 45 and an average household income of $101,364. The property is offered at $1,023,993, with measure of investment performance that include a price per unit of $144,285, price per square foot of $178.37, a GRM of 8.32 and a cap rate at 7.67 with an average rent of $1,539 per unit per month. Please review the 26 page flyer and Espanola housing summit reports. Do not miss out on this rare opportunity to buy into a market that offers northern NM architecture in a family compound that is poised on the cusp of phenomenal job growth.

Home Facts

Multi-Family

Built in 1949

Price Summary

1,023,993

$191 per Sq. Ft.

MLS #:

202503167

Last Updated:

July 12, 2025, 11:47 PM

Added:

11 day(s) ago


Rooms & Interior

Interior

Living Area:

5,338 Sq. Ft.


Structure

Structure

Building Area:

5,338 Sq. Ft.

Year Built:

1949


Lot

Lot Size (Sq. Ft):

50,093


Finances & Disclosures

Finances

Price:

$1,023,993

Price per Sq. Ft:

$191 per Sq. Ft.

Source:NM SFAR
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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.