Courtesy: Coldwell Banker Legacy
505-979-8788
Excellent investment opportunity in the heart of Gallup, NM! This fully rented triplex offers strong cash flow with an estimated 8.4% cap rate and a proven tenant track record, making it an ideal addition to any investor's portfolio. Each unit includes in-unit washer and dryer hookups, providing added convenience and tenant appeal. Located along the I-40 corridor, Gallup serves as a major hub for healthcare, railroad, tourism, and regional commerce, attracting consistent rental demand. Out-of-town investors will appreciate Gallup's affordability, stable rental market, proximity to outdoor recreation, and rich Native American culture and history. A turnkey income-producing property with long-term upside potential!
Gallup is located in New Mexico. Gallup, New Mexico has a population of 21,901. Gallup is more family-centric than the surrounding county with 24.84% of the households containing married families with children. The county average for households married with children is 22.18%.
The median household income in Gallup, New Mexico is $54,537. The median household income for the surrounding county is $40,262 compared to the national median of $69,021. The median age of people living in Gallup is 34.5 years.
The average high temperature in July is 87.6 degrees, with an average low temperature in January of 15.3 degrees. The average rainfall is approximately 12.2 inches per year, with 20.5 inches of snow per year.
