7919 Bell Avenue SE Albuquerque, NM 87108
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