1069 Bonita Street

1069 Bonita Street, Grants, NM 87020

  • For Sale $4,000,000
  • Property Type Multi-Family
  • Property Size 40,752 SF
  • Units 47
  • Lot Size 2.87 Acre
  • Cap Rate % 5.42
  • Year Built 1980
  • Date Updated Jan 23, 2025

NM Apartment Advisors and Deacon Property Service are excited to bring to market the New West apartments located at 1069 Bonita Street in Grants, NM.

This recently renovated and well maintained property is the architectural gem of Grants, NM. Well located major employers, hospital, medical centers and retail areas, this property is positioned for long term leases or short term rentals to the medical industry.

The owner has added exterior planters in the landscape, made stucco repairs and upgrades, replaced three roofs, Þve air conditioners added down spots and canales, upgraded balconies carpet/flashings as well as landing wrought iron rails, replaced light Þxtures, signage, and added culture stone features to the exterior - all of which makes this an “A” asset in this marketplace.

In addition to it’s own economic development expansion, Grant’s is only 69 miles to Albuquerque's west side, where rents are double what they are at this community offering an opportunity to market to a demographics looking for reasonable housing costs.

Offered for sale by the original developer, this once in a lifetime opportunity for an investor to become steward for the next generation. 

Want more info on this listing?

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

Contacts

broker

New Mexico Apartment Advisors

Location

Getting Around

  • Walk Score ®

    32/100 Car-Dependent
  • Bike Score ®

    40/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Grants, NM
  • Zip Code 87020
  • Market Albuquerque

Points of Interest

  • Philips 66

    1.95 miles

  • Chevron

    2.51 miles

  • Love's

    4.14 miles

  • Shell

    4.35 miles

  • Sky Ciity Express

    6.39 miles

  • Walmart parking lot

    2.68 miles

  • Sands

    1.37 miles

  • Southwest Motel

    1.41 miles

  • Leisure Lodge Motel

    1.54 miles

  • Quality Inn & Suites

    2.27 miles

  • Red Lion Hotel

    2.29 miles

  • Days Inn by Wyndham Grants

    2.32 miles

  • Motel 6

    2.37 miles

  • Holiday Inn Express & Suites

    2.45 miles

  • Best Western Grants Inn

    2.48 miles

  • Comfort Inn

    2.49 miles

  • Lotaburger

    1.43 miles

  • Pizza Hut

    1.44 miles

  • Canton Cafe

    1.56 miles

  • Subway

    2.24 miles

  • McDonald's

    2.33 miles

  • Asian Super Buffet

    2.36 miles

  • KFC

    2.41 miles

  • Taco Bell

    2.49 miles

  • Denny's

    2.63 miles

  • New Mexico State University Grants

    0.73 miles

  • NMSU Grants

    0.74 miles

  • Mesa View Elementary School

    1.02 miles

  • Grants High School

    1.06 miles

  • Grants Christian Academy

    1.10 miles

  • Grants Highschool Career Academy

    1.14 miles

  • Saint Theresa of Avila School

    1.31 miles

  • Grace Baptist Academy

    3.46 miles

  • Mount Taylor Elementary School

    3.47 miles

  • Milan Elementary School

    3.69 miles

Frequently Asked Questions

How much does 1069 Bonita Street cost?

The space currently listed for sale at 1069 Bonita Street asks for $4,000,000.

What is the total square footage of 1069 Bonita Street?

1069 Bonita Street totals 40,752 square feet.

When was this property built?

1069 Bonita Street was built in 1980.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker

New Mexico Apartment Advisors

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