1809 Girard Boulevard Se Albuquerque, NM 87106

4 Units
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$547,931 Est. $2,018 / mo.*
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: 15579
Property Type: Quadruplex
Status: Active
Year Built: 1984
Neighborhood: The Replat Of Lands Of Contrends Ltd
Days on Website: 3

Courtesy of NM Apartment Advisors, Inc..

Description

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%.

Open House

Property Details and Features

  • Refrigerator
  • 15 total bathrooms
  • 8 total bedrooms
  • Built in 1984
  • Living area: 3100.0
  • 1 building
  • 2 stories
  • Levels: Two
  • Construction Materials: Frame, Stucco
  • EvaporativeCooling
  • LeadBasedPaintDisclosure
  • Ranm2100Disclosure
  • None
  • Energy Generation: None
  • Operating: $13,667
  • Tile
  • Central
  • Gross Income: $49,425
  • WasherHookup
  • DryerHookup
  • InUnit
  • Listing ID: 1103323
  • Standard Status: Active
  • MLS Status: Active
  • Property Subtype: Quadruplex
  • On market as of 2026-05-11
  • 3 days on market
  • Subdivision: The Replat Of Lands Of Contrends Ltd
  • MLS Area (Major): 42 - UNM South
  • County/Parish: Bernalillo
  • 0.18 acres
  • SeeRemarks
  • 6 total parking spaces
  • Resale
  • Additional parcels description:
  • Parcel Number: 101605624909630203
  • Annual Amount: $4,576.92
  • Legal Description: Tract A2C, Sumar Plat of Portionof Tract A2 of Cont. Trends LTD
  • Zoning description: R-ML*
  • SeeRemarks
  • ElectricityConnected
  • NaturalGasConnected
  • PhoneConnected
  • SewerConnected
  • WaterConnected

Location

$547,931 - 1809 Girard Boulevard Se, Albuquerque, NM 87106
1809 Girard Boulevard Se Albuquerque, NM 87106
Subdivision: The Replat Of Lands Of Contrends Ltd

Street View

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