1809 Girard Boulevard Se, Albuquerque, NM 87106
Local realty services provided by:ERA Sellers & Buyers Real Estate
1809 Girard Boulevard Se,Albuquerque, NM 87106
$547,931
- 8 Beds
- 15 Baths
- 3,100 sq. ft.
- Multi-family
- Active
Listed by: todd d clarke, kyle e deacon
Office: nm apartment advisors, inc.
MLS#:1103323
Source:NM_SWMLS
Price summary
- Price:$547,931
- Price per sq. ft.:$176.75
About this home
Any savvy investor knows they are three magic numbers for Albuquerque: 100, 320 and 24,343. Albuquerque has been home to the historic mother road, Route 66, for 100 years of its 320 year history, and its currently undergoing a housing shortage of 24,343 units.The property is nestled at the back of the lot providing both significant buffering from Girard and optimum balcony views of the golf course for the second story apartments. With 4 modernized, well-apportioned 2 Bedroom / 1 bathroom apartments and 4 detached storage units.Metrics of investment performance at the ask price of $547,931 include a price per sf of $177, a price per unit of $136,983, GRM of 11.07, a cap rate after reserves of 6.35% and an after tax IRR of 12.50%.
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Home facts
- Year built:1984
- Listing ID #:1103323
- Added:45 day(s) ago
- Updated:June 25, 2026 at 04:37 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:15
- Flooring:Tile
- Kitchen Description:Refrigerator
- Living area:3,100 sq. ft.
Heating and cooling
- Cooling:Evaporative Cooling
- Heating:Central
Structure and exterior
- Year built:1984
- Building area:3,100 sq. ft.
- Lot area:0.18 Acres
- Construction Materials:Frame, Stucco
- Levels:2 Story
Utilities
- Water:Water Connected
- Sewer:Sewer Connected
Finances and disclosures
- Price:$547,931
- Price per sq. ft.:$176.75
- Tax amount:$4,577
Features and amenities
- Appliances:Refrigerator
Parking
- Total parking spaces:6
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