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For Sale

Mardi Villas Apartments

317 Palomas NE, Albuquerque, NM 87108

On behalf of the Owner, NM Apartments Inc. is honored to bring this unique, 16 unit apartment community to market. This is the first time this property has been offered to the market in many decades. Welcome to Mardi Villas, a three story, double loaded corridor with a garden style atrium. This property is known for its unique architecture, ducked under parking and commanding presence on it’s corner location. The property amenities include an on site laundry, covered parking and extra spac es for potential community amenities. Located just east of Nob-Hill and along two major transit/biking corridors to the Uni versity of New Mexico, the property it well situated to serve retirees, the UNM/CNM submarkets or Uptown submarkets. 

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Todd Clarke

New Mexico Apartment Advisors

Building Details

  • For Sale $1,451,032
  • Property Type Multi-Family
  • Property Size 9,600 SF
  • Units 16
  • Lot Size 0.22 Acre
  • Cap Rate % 6.5
  • Year Built 1974
  • Date Updated May 4, 2026

Getting Around

  • Walk Score ®

    Very Walkable (79)
  • Transit Score ®

    Some Transit (45)
  • Bike Score ®

    Very Bikeable (81)
Powered by Walk Score ®

Location

  • City Albuquerque, NM
  • Neighborhood Fair West
  • Zip Code 87108
  • Market Albuquerque

Points of Interest

Asia Train Station

4.64 miles

Montaño

4.80 miles

Tingley Station

5.17 miles

Bernalillo County/International Sunport

5.45 miles

Aquarium/Garden Station

5.56 miles

Los Ranchos/Journal Center

6.90 miles

Sandia Pueblo

9.03 miles

Pump-N-Save

0.55 miles

Murphy Express

0.57 miles

Smith's gas station

0.60 miles

Valero

0.80 miles

Alon

0.81 miles

Fill-Up

0.85 miles

Y-Mart

0.88 miles

Tesla Supercharger

2.57 miles

ChargePoint

3.82 miles

Park Square Parking Garage

1.59 miles

Patient Lot

1.69 miles

Underground Parking Entry

1.78 miles

Employee Lot J

1.86 miles

Lomas Parking Structure

1.95 miles

Cornell Parking Garage

2.05 miles

Yale Parking Garage

2.21 miles

New UNMH Parking Garage

2.23 miles

Recreational Storage

2.27 miles

Wash-Go

0.55 miles

Rain Tunnel

0.59 miles

ROCKY MOUNTAIN CAR WASH

0.69 miles

Brite Shine Carwash

2.60 miles

Enterprise

3.56 miles

ABQ Rental Car Center

3.58 miles

ACE Car Rental

3.67 miles

Budget

3.67 miles

Avis

3.68 miles

Weck's

0.32 miles

El Sarape

0.35 miles

Long John Silver's

0.35 miles

Subway

0.44 miles

Wendy's

0.44 miles

Sonic

0.46 miles

Kasbah

0.48 miles

Caesar's Mexican & Greek

0.48 miles

Dion's

0.51 miles

Sprouts Farmers Market

0.51 miles

Smith's

0.57 miles

Bombay Spice

0.58 miles

Nob Hill Body and Soul Center

1.00 miles

La Montañita Co-op Nob Hill

1.27 miles

999 Seafood Supermarket

1.45 miles

TJ Maxx

1.56 miles

Dillard's

1.63 miles

Target

1.65 miles

Albuquerque Fire Station 11

0.90 miles

Albuquerque Fire Station 5

1.31 miles

Albuquerque Police Department - Southeast Area Command

1.36 miles

ABQ Health Partners Plastic Surgery

1.56 miles

Fresenius Kidney Care

1.57 miles

Optum Urgent Care

1.57 miles

Duke City Urgent Care

1.57 miles

AMG

1.57 miles

Gibson Medical Center

1.57 miles

317 Palomas NE Listing Summary

  • What is the asking price at Mardi Villas Apartments?

    Mardi Villas Apartments is currently listed for sale at Contact for pricing.

  • What is the total size of Mardi Villas Apartments?

    Mardi Villas Apartments has a total of 9,600 square feet.

  • What is the year built for Mardi Villas Apartments?

    The year built for Mardi Villas Apartments is 1974.

Contact Listing Broker
broker
Todd Clarke

New Mexico Apartment Advisors

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