1809 Girard Boulevard SE, Albuquerque, NM 87106

• 8 beds |
• 15 baths |
• 3,100 sqft

Property Description

Any savvy investor knows they are three magic numbers for Albuquerque: 100, 320 and 24,343. Albuquerque has been home to the historic mother road, Route 66, for 100 years of its 320 year history, and its currently undergoing a housing shortage of 24,343 units.The property is nestled at the back of the lot providing both significant buffering from Girard and optimum balcony views of the golf course for the second story apartments. With 4 modernized, well-apportioned 2 Bedroom / 1 bathroom apartments and 4 detached storage units.Metrics of investment performance at the ask price of $547,931 include a price per sf of $177, a price per unit of $136,983, GRM of 11.07, a cap rate after reserves of 6.35% and an after tax IRR of 12.50%.

Listing Status:

Active

Date Added:

May 11, 2026

Data Last Updated:

May 20, 2026 at 8:20PM

Listing Office:

NM Apartment Advisors, Inc. : (505) 440-8633

Listing Agent:

Todd D Clarke : (505) 440-8633

MLS ID:

1103323

Interior

• Appliances: Refrigerator
• Laundry: Washer HookupDryer HookupIn Unit
• Flooring: Tile
• A/C: Evaporative Cooling
• Heating: Central
• Disability Feature: None
• Eco/Green Feature: None

Exterior

• Parking: Parking spaces: 6

Construction

• General: FrameStucco2

Location

• Originating MLS: SWMLS_SWMLS
• County: Bernalillo

Lot

• Zoning: Tract A2CSumar Plat of Portionof Tract A2 of Cont. Trends LTD101605624909630203

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected

Financial

• Source: SWMLS_SWMLS