1409 Girard Boulevard NE, Albuquerque, NM 87106
$1,940,692
Property Type:
Residential Income
Square Footage:
9,600
Lot Size (sq. ft.):
17,424
Status:
Closed
Current Price:
$1,940,692
List Date:
8/04/2023
Last Modified:
10/16/2023
Description
This all studio 39 unit portfolio, includes 8 units that were recently renovated and three units that rent as furnished studios for $1,050. Located at 1409 Girard NE and 1440 Vassar NE and just north of UNM north campus (medical/law school) and next to the world-famous Padilla's restaurant (arrive early!).
Property amenities included high speed internet, security cameras and laundry care facilities. Some units are fully furnished. Both buildings are in close proximity to each other, with the 1440 Vassar NE building separated from 1409 by mixed use properties including the well-established and ever popular Padilla's Mexican restaurant.
The owner is offering these properties together or separate. The prices individually are:
1409 Girard NE - $1,940,692 and
1440 Vassar NE
More Information MLS# 1024081
Status Change Info
Pending Date: 2023-08-25
Closing Date: 2023-10-16
Contract Information
Listing Price: 1940692
Current Price: $1,940,692
List Price/SqFt: 202.16
Status: Closed
Allowance/Concession: No
Bank Owned: No
Location
Street #: 1409
Street Name: Girard
St Suffix: Boulevard
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87106
Zip +4: 1854
Geo Lat: 35.098755
Geo Lon: -106.613375
Area: 40 - UNM
Zone Atlas: J16
City/County Data
UPC Code: 101605825540921406
Subdivision: Vista Larga
General Property Description
# of Units: 23
5+ Units: Yes
Units for Sale: 23
Property Sub-Type: 9 or More Units
Apx Structured SqFt: 9600
SqFt Source: Per Appraisal
Apx Lot Dim Front: 999.00
Apx Lot Dim Side: 999.00
Lot Size Source: On-Line
Acres: 0.4
Lot SqFt: 17424
Directions: From I40/Carlisle - south on Carlisle, west on Indian School south on Girard. Property is part of a three property portfolio, available individually or together.
Stories: 2
Total # of Buildings: 1
Year Built: 1972
Age: 31 - 40
Disability Access: No
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Multiple Lots: One
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 5459.62
Tax Exemption: No
Basement
Basement: No
Income & Expenses
Annual Gross Income: 173159
Operating Expenses: 76570
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 23
# Baths: 1
Style: Studio
Approx. SqFt: 413
Actual Rent: 650
Max Rent: 725
Market Rent: 825
Unit Summary
Total Units: 23
Average Unit Size: 413
Average Actual Rent: 650
Annualized: 179400
Total Actual Rent: 14950
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Laundry Community; Swimming Pool
Appliances included: Frestnd Gas Stv/Ovn; Refrigerator
Utilities: Electricity Connected; Sewer Connected; Water Connected
Heating: Wall Unit
Cooling: Evaporative Cooling
Flooring: Carpet
Green Energy Generation: None
Electric Provider: Public Utility
Electric: None
Miscellaneous Info: All Furnished
Metering: All Master Metering
Operating Expenses: All
Owner Pays: Electric; Gas; Maintenance; Water
Tenant Pays: None
Rental Info: Call Listing Broker
Finance Considered: Conventional
Zoning: P-R
Lead Based Paint ›Listing Office: NM Apartment Advisors, Inc.
Last Updated: October - 16 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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