Luke Scarpa

Albuquerque NM

NAI SunVista Commercial RE

About Luke

Luke is a dynamic professional who embarked on his journey at the University of New Mexico, where he spent his time honing his skills and laying the foundation for his career. Eager to dive into the world of real estate, Luke joined SunVista, where he quickly made his mark as a Transaction Coordinator for the Multifamily and retail teams. Serving as a Transaction Coordinator for a year, the role gave Luke an invaluable experience and insight into the world of Commercial Real Estate. As a young yet driven individual, Luke seized the opportunity to elevate his career by transitioning into brokerage, where he now channels his expertise towards Multifamily Investments.

Outside of work, Luke finds joy in the camaraderie of sports, particularly baseball, football and basketball. He also prioritizes his health and well-being by dedicating time to weightlifting, pushing his limits and striving for personal growth. Yet, amidst his professional pursuits and personal interests, Luke holds his family dear, cherishing every moment and valuing the bonds that unite them.

Luke's Active Listings

$850,000
- 7 Beds
- 6 Baths
- 3,749 Sq Ft
511 Spruce St SE

Albuquerque, NM
Offered at $850,000 ($141,666/unit) with an attractive 7.28% acquisition cap rate, 511 Spruce St SE presents a rare opportunity to acquire a fully stabilized multifamily asset with proven in-place cash flow. The property is 100% occupied and features four fully furnished units, with five of the six units having undergone extensive renovations including new roofs, heating and cooling systems,

Luke Scarpa NAI SunVista Commercial RE

$450,000
- 2 Beds
- 1 Bath
- 4,872 Sq Ft
501 S Avenue G

Portales, NM
Offered at an asking price of $450,000, the property generates a compelling 6.77% cap rate, providing investors with immediate cash flow and long-term upside potential. Fully remodeled within the last five years, this six-unit property consists of three duplexes situated on a single lot and is 100% occupied as of February 2026. Featuring all 2-bedroom, 1-bathroom units, the property benefits from

Luke Scarpa NAI SunVista Commercial RE

$1,660,470
- 3 Beds
- 3 Baths
- 8,360 Sq Ft
1024 Alvarado Dr SE

Unit 6

Albuquerque, NM
*Property is being sold as a package with 1008 Alvarado Dr. SE* Offered at $3,400,000 ($79,070/unit), this 43-unit multifamily investment presents a compelling value-add opportunity with a 5.89% acquisition cap rate and a projected 6.42% pro forma cap rate. The property was 100% occupied as of March 2026 and features in-place rents estimated to be approximately 14% below market, providing

Luke Scarpa NAI SunVista Commercial RE

$1,739,530
- 1 Bed
- 2 Baths
- 6,090 Sq Ft
1008 Alvarado Dr SE

Albuquerque, NM
*Property is being sold as a package with 1024 Alvarado Dr. SE* Offered at $3,400,000 ($79,070/unit), this 43-unit multifamily investment presents a compelling value-add opportunity with a 5.89% acquisition cap rate and a projected 6.42% pro forma cap rate. The property was 100% occupied as of March 2026 and features in-place rents estimated to be approximately 14% below market, providing

Luke Scarpa NAI SunVista Commercial RE

$562,500
- 8 Beds
- 4 Baths
- 3,400 Sq Ft
1237 Menaul Blvd NW

Albuquerque, NM
1225 & 1237 Menaul Blvd. NW present a strong value-add multifamily investment opportunity with a projected 6.44% pro forma cap rate and 100% occupancy as of May 2026. The properties feature an efficient unit mix comprised entirely of spacious 2-bedroom, 1-bath units, appealing to a broad tenant base. Several units have recently undergone interior renovations, creating additional upside through

Luke Scarpa NAI SunVista Commercial RE

$562,500
- 8 Beds
- 4 Baths
1225 Menaul Blvd NW

Albuquerque, NM
1225 & 1237 Menaul Blvd. NW present a strong value-add multifamily investment opportunity with a projected 6.44% pro forma cap rate and 100% occupancy as of May 2026. The properties feature an efficient unit mix comprised entirely of spacious 2-bedroom, 1-bath units, appealing to a broad tenant base. Several units have recently undergone interior renovations, creating additional upside through

Luke Scarpa NAI SunVista Commercial RE

$490,000
- 3 Beds
- 2 Baths
- 3,003 Sq Ft
2616 Muriel St NE

Albuquerque, NM
2616 Muriel St. NE offers investors a strong value-add opportunity with a 5.95% acquisition cap rate and a projected 6.21% pro forma cap rate. Current rents remain approximately 8.5% below market, providing additional upside potential for future ownership. The property features washer/dryer hookups in every unit and benefits from a recently replaced roof in 2022, helping reduce near-term capital

Luke Scarpa NAI SunVista Commercial RE

Agent License: New Mexico REC-2023-0302

Luke Scarpa

(505) 207-5898

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Luke Scarpa

About Luke

Luke's Listings

Luke's Active Listings