201 Girard Boulevard SE

Estimated Monthly Payment: $1,905/mo 201 Girard Boulevard SE, Albuquerque, NM 87106 MLS# 935212 Multifamily Listing Status: Sold
3,630 sqft

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REMARKS:

Property Status: currently under best and final round with multiple offers.NM Apartment Advisors is excited to bring to market a duplex + fourplex and garage at 201 Girard SE. This property has really high walk (86), bike (94), and transit (52) scores and its no surprise given its location is just 300 steps from UNM and the west gateway to Nob-Hill.This property contains a duplex that faces Girard, and four units that face Silver (2814-2816) with a single car garage.Measures of investment performance at ask price of $377,500 and current average rent of $533 are a GRM of 9.83, a 6.00% cap rate, $62,917 per unit, $103.99/sf and a before tax IRR of 12.10%.If rents are raised to market average of $691, measures of investment performance increase to a GRM of 7.59, a 8.20% cap

OVERVIEW:

Multifamily
6 Units
Sold
2/28/2019
42
UNM South
University Heights Add
1922
3630
0.16
6969
Stucco
Frame, Masonry
2+ Units
2+ Units
All City

FEATURES:

Refrigerator
No Landscaping, Owners Unit
Wood

FINANCIAL:

$377,500
$2,203
Other - See Remarks

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of NM Apartment Advisors, Inc..

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Keller Williams Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

 

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