About 1409 Girard Boulevard Ne
This all studio 39 unit portfolio, has 8 units under renovation that should be finished in September. 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!).Amenities include high speed internet, two laundry rooms and 3 furnished corporate style units. In addition to the 8 units under renovation, the owner has installed new boilers in 2015 and a new roof in 2018.The location is great if you need quick access to UNM, CNM, the Downtown Medical cluster, or Uptown's three main retail centers.This is a core asset with stabilized cash flows that could also be a value-add opportunity if an investment was made in upgraded finishes for the balance of the units.
Features of 1409 Girard Boulevard Ne
MLS® # | 1024081 |
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Price | $1,839,791 |
Bathrooms | 1.00 |
Square Footage | 9,600 |
Acres | 0.40 |
Year Built | 1972 |
Type | Residential Income |
Sub-Type | Multi Family |
Status | Pending |
Community Information
Address | 1409 Girard Boulevard Ne |
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Area | 40 - UNM |
Subdivision | Vista Larga |
City | Albuquerque |
County | Bernalillo |
State | NM |
Zip Code | 87106 |
Amenities
Utilities | Electricity Connected, Sewer Connected, Water Connected |
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Features | Laundry Facilities, Pool |
Is Waterfront | No |
Has Pool | No |
Interior
Interior | Carpet |
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Appliances | Free-Standing Gas Range, Refrigerator |
Heating | Wall Furnace |
Cooling | Evaporative Cooling |
Fireplace | No |
# of Stories | 2 |
Stories | Two |
Exterior
Construction | Frame |
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Additional Information
Date Listed | October 8th, 2022 |
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Days on Market | 62 |
RE / Bank Owned | No |
Listing Details
Office | NM Apartment Advisors, Inc. |
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