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Union 505 Apartments apartments in Albuquerque, NM

Updated

Union 505 Apartments

801 Locust Pl NE, Albuquerque, NM 87102, USA

Live pricing, refreshed

4
Units Listed
$857
Starting at
$1,087
Average
$1,282
Highest
$2.24
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Broadway Central Corridor Partnership rent trends

Beds

Pricing by Bedroom

1 Bed
$1,108
from $857 · 3 units
~441 sqft avg
2 Bed
$1,023
from $1,023 · 1 units
~615 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (4)

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$40K

$474K annual run rate

Modeled estimate

Est. Occupancy

90%

of about 39 units (modeled from leasing activity)

Effective Rent on New Leases

$1,129

vs $1,087 current asking

Recent Lease Activity

39 units tracked; 35 assumed leased, 4 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

4

Limited availability

0 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Available Units

4 units
1 Bed / 1 Bath
$857/mo
475 ft² · $1.80/ft² · #1
Up $48 since Jul 29 (was $809)
2 Bed / 1 Bath
$1,023/mo
615 ft² · $1.66/ft² · #3
Up $23 since Jul 29 (was $1,000)
1 Bed / 1 Bath
$1,184/mo
424 ft² · $2.79/ft² · #2
Up $49 since Jul 29 (was $1,135)
1 Bed / 1 Bath
$1,282/mo
424 ft² · $3.02/ft² · #4
Up $25 since Jul 29 (was $1,257)

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Albuquerque, NM notes

No resident notes for this property yet.

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