Single Family Management
There are 10 property management companies in Albuquerque, NM 8 Companies specialize in Single Family property management. 7 Companies specialize in Multi-Family property management. 6 Companies specialize in HOA property management.
The average rent for a 3 bedroom house in Albuquerque, NM is $1,197.00. When you receive your requested free market assessment, compare the average rent to what a property manager expects your property to rent for before making your decision on which manager to hire.
Additional Albuquerque, NM Property Management Companies
Albuquerque, NM Property Management Companies
Situated in central New Mexico along the Rio Grande is Albuquerque, arguably the most popular city in the Land of Enchantment. Since the turn of the century, Albuquerque has continued to increase in population at a rapid pace. Roughly a half-million people reside in the Duke City, as many of them find the rural city feel appealing.
The city's streets are lined with Southwest-style architecture, which gives Albuquerque a unique aesthetic unlike any other metro in America. Additionally, the city holds celebrated festivals and other events year-round featuring members from its diverse community, such as the Globalquerque World Music Festival. Albuquerque residents love to stay fit, as numerous city dwellers there take advantage of the metro's extensive number of parks, bike trails and walking paths, as well as other recreational spots.
The University of New Mexico highlights the list of esteemed educational institutions in Albuquerque, while the city also boasts many leaders of commerce and industry and lies right at the heart of the New Mexico Technology Corridor.
Property Management in Albuquerque
A number of analysts project Albuquerque's population to rise substantially in the next couple of decades. These projections should lead to elevated residential construction during that span, meaning there will be plenty of opportunities for property investors and management firms to cash in.
The city already boasts numerous rental properties, which is why many property management companies have set up operations in the Duke City. These management agencies know numerous apartment owners need assistance running their units.
To make the process of operating and maintaining properties easier on owners, a bevy of managers in and around Albuquerque have made their services available, and for reasonable rates.
Albuquerque Rental Market at a Glance
- Occupancy Rate, January 2011: 94.96 percent
- Year-to-Year Increase in Occupancy Rate, January 2011: 2.03 percent
- Market-Rate Average Rent, January 2011: $719
- Year-to-Year Increase in Average Rent, January 2011: 3.34 percent
Statistics courtesy of CB Richard Ellis Multi-Housing Group's Albuquerque & Santa Fe January 2011 Apartment Market Report.
Finding Albuquerque Property Management Companies
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