$1,849,171
Active
145 Days Online
3 Beds2 Baths13,614 SQFT
Active

7919 Bell Avenue SE Albuquerque, NM 87108

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NM Apartment Advisors is excited to offer this once in a decade opportunity to acquire a large portfolio of single family investments spread across Albuquerque, New Mexico.The sellers are offering financing to qualified investors (*) with 21.5% down payment, 78.5% loan to value, 4.85% interest rate, 30 year amortization and a 6 year call. (*subject to sellers review of buyers credit report, financial statement, deal resume, and tax returns).If you have a client who would like a tax deferral strategy - this might be their deal as this could be their last 1031 exchange into this portfolio, wait a couple of years and then sell off one house year (paying the tax) to ease through the tax consequences and cash out.Additionally, the portfolio is priced 23% below comps.

  • Property TypeMulti-Family
  • NeighborhoodMultiple Legal Descriptions For 11 Properties
  • CountyBernalillo
  • Taxes$826
  • HOA/Condo/Coop Fees$0
  • Days on Site145 Days
  • MLS StatusActive
  • MLS ID Number1054785
  • Home Size Source N/A
  • Year Built1980
  • Lot Size1.58 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Frame
  • Number of Stories 111
  • Acreage 1.58
  • Zoning R-1
  • Property Sub Type Multi Family
  • Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Interior Features

  • Cooling Evaporative Cooling
  • Heating CentralForced Air
  • Appliances Refrigerator
  • Flooring CarpetVinyl

Exterior Features

  • Exterior Landscaping

Community Features

  • MLS Area 71 - Southeast Heights

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Monthly Payment (Est.)

$9,862
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