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.
Reach out to the broker for more info on lease terms and amenities
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Contacts
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
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Walk Score ®
Very Walkable (79) -
Transit Score ®
Some Transit (45) -
Bike Score ®
Very Bikeable (81)
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
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What is the asking price at Mardi Villas Apartments?
Mardi Villas Apartments is currently listed for sale at Contact for pricing.
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What is the total size of Mardi Villas Apartments?
Mardi Villas Apartments has a total of 9,600 square feet.
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What is the year built for Mardi Villas Apartments?
The year built for Mardi Villas Apartments is 1974.
New Mexico Apartment Advisors