See Home Value
$309,156*
Multifamily - Off Market

309 Girard Boulevard SE

Albuquerque, NM 87106
bedrooms
Studio
bathrooms
0 Bath
square feet
1416 Sqft
$198,000 - $242,000
Reference Base Price*
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

PROPERTY NOW IN BEST AND FINAL ROUND OF OFFERS FROM TOP BIDDERSAttend the zoom meeting at noon on Tuesday, June 2nd, and learn about the property from the property manager, market overview from the listing brokers, and financing update.Tour the property onlineReview the inspectionsReview the financialsLearn the latest from capital marketsMake an offer - offer deadline is noon Thursday, June 4th, 2020Starting Ask Price is $220,500, with an average rent of $758, measures of investment performance include a GRM of 8.08, a before reserves cap rate of 6.60% and an after tax Internal Rate of Return (IRR) of 15.60%.  If rents are raised to market of $800, measures of investment performance improve to a GRM of 7.66 cap rate of 6.70%. The market comparable sales indicate a value of

The manager has listed the unit size as 1416 square feet.
Unit Size
1,416Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$156
Property Type
Multifamily
Property Taxes
$2,974
HOA Dues
-
Year Built
1926

Price History

Date / Event Date Event Price
Jun 9, 2020 No longer available -
No longer available
May 28, 2020 Listed $220,500
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
1,048 ft²
$200/ft²
$210,000 Mar 27, 2024
-
$233/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200528
05/28/2020
Studio
-
1416 ft²
$220,500
bedrooms
Studio
bathrooms
-
square feet
1416 ft²
-
-
-
-

Building Info

309 Girard Boulevard Southeast 309 Girard Boulevard Southeast, Albuquerque, NM 87106
More about this Building
309 Girard Boulevard Southeast
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