7919 Bell Avenue Se
Albuquerque,
NM
87108
Property Details
| List Price: |
$1,849,171 |
| Beds: |
3 |
| Baths: |
-- |
| Status: |
Active |
SqFt: |
13614 |
| Agency: |
NM Apartment Advisors Inc. |
Description/Comments
| Lot Size: |
1 acre(s) |
| Property Type: |
Residential |
| Year Built: |
1980 |
| Notes: |
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. |
| MlsNumber: |
1054785 |
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| Listing Provided By: |
NM Apartment Advisors Inc., original listing |
| Name: |
NM Apartment Advisors Inc. |
| Phone: |
(505) 440-8633 |
| Office Name: |
NM Apartment Advisors, Inc. |
| Office Phone: |
(505) 440-8633 |
| Agent Name: |
Todd Clarke |
| Disclaimer: |
Copyright © 2024 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
