7919 Bell Avenue Se Albuquerque, NM 87108

11 Units
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$1,849,171 Est. $6,577 / mo.*
Details Directions
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Property Type: Multifamily
Status: Active
Year Built: 1980
Neighborhood: Multiple Legal Descriptions For 11 Properties
Days on Website: 121

Courtesy of NM Apartment Advisors, Inc..

Description

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.

Open House

Property Details and Features

  • Description: Refrigerator
  • Total Bathrooms: 3
  • Area: 13614
  • Building Area: 13614
  • Construction Materials: Frame
  • Levels: One
  • Year Built: 1980
  • Details: EvaporativeCooling
  • Features: Landscaping
  • Flooring: Carpet,Vinyl
  • Heating: Central,ForcedAir
  • Days on Market: 71
  • Listing Price: 1849171
  • Status: Active
  • Address: 7919 Bell Avenue SE
  • Area: 71 - Southeast Heights
  • City: Albuquerque
  • State: NM
  • Zip: 87108
  • County: Bernalillo
  • Subdivision: Multiple legal descriptions for 11 properties
  • Directions: Please review flyer for location info on all 11 units.
  • Acres: 1.58
  • Size: 0
  • Size Source: PublicRecords
  • Utilities: ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected

Location

$1,849,171 - 7919 Bell Avenue Se, Albuquerque, NM 87108
7919 Bell Avenue Se Albuquerque, NM 87108
Address: 7919 Bell Avenue SE

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