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Map
$309,156*
●
Multifamily -
Off Market
309 Girard Boulevard SE
Albuquerque, NM 87106
Studio
0 Bath
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.
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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 |
---|---|---|---|---|---|---|---|---|
05/28/2020
|
|
Studio
|
-
|
1416 ft²
|
$220,500
Studio
-
1416 ft²
|
-
-
|
-
|
-
|
Building Info
309 Girard Boulevard Southeast
309 Girard Boulevard Southeast, Albuquerque, NM 87106