201 Girard Boulevard SE, Albuquerque, NM 87106

$377,500
3,630
SqFt
List Price
$377,500
MLS#
935212
Property Type
Multifamily
Sqft. of Residence
3,630
Lot Size
6,969
Region
UNM South
Status
ACTIVE
Estimated Age
81 - 99

Property Description

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

Additional Information

County
Bernalillo
Subdivison
University Heights Add
Age
81 - 99
Acres
0.16
Approximate Taxes
2202.72
Appliances Included
Refrigerator
Detached Type
Yes
Disability Access
Unknown
Financing
Cash, Conventional
Floor Number
6
Flooring
Wood
Owner Pays
Other - See Remarks
Tenant Pays
Other - See Remarks
Total
6
Total
2
Township
Unknown
Utilities
All City
Zoning
R-T

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of NM Apartment Advisors, Inc..

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.