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1809 Girard Blvd SE 1809 Girard Blvd SE 4 Unit Apartment Building $547,931 ($136,983/Unit) 6.53% Cap Rate Albuquerque, NM 87106
Investment Highlights
- Updated 2 Bedroom Apartments w/ Balconies & Gold Course Views
- Luxury Vinyl Plank Flooring throughout
- Additional Storage On-site
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $547,931 | Building Class | B |
| Price Per Unit | $136,983 | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 3,100 SF |
| Cap Rate | 6.53% | Average Occupancy | 100% |
| Gross Rent Multiplier | 11.07 | No. Stories | 2 |
| No. Units | 4 | Year Built | 1984 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | R-ML - Multi-Family Low Density Zone District | ||
| Price | $547,931 |
| Price Per Unit | $136,983 |
| Sale Type | Investment |
| Cap Rate | 6.53% |
| Gross Rent Multiplier | 11.07 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.19 AC |
| Building Size | 3,100 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1984 |
| Opportunity Zone |
Yes |
| Zoning | R-ML - Multi-Family Low Density Zone District |
Amenities
- Smoke Detector
Unit Amenities
- Balcony
- Cable Ready
- Dishwasher
- Storage Space
- Ceiling Fans
- Kitchen
- Refrigerator
- Range
- Views
- Breakfast Nook
- Smoke Free
- Large Bedrooms
Site Amenities
- Private Bathroom
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
20/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 1-016-056-249096-3-02-03 | Total Assessment | $108,319 |
| Land Assessment | $17,106 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $91,213 | Tax Year | 2025 |
Property Taxes
Parcel Number
1-016-056-249096-3-02-03
Land Assessment
$17,106
Improvements Assessment
$91,213
Total Assessment
$108,319
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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1809 Girard Blvd SE | 1809 Girard Blvd SE
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