Active
7919 Bell Avenue SE
Albuquerque NM, 87108
$1,849,171
$135.83 per sqft
Active
3 Beds
2 Baths
13,614 sqft
Multi-family
Built in 1980
Courtesy of NM Apartment Advisors, Inc.
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.
1054785
MLSⓇ ID
December 29, 2023
Listed
March 14, 2024
Updated
Map
7919 Bell Avenue SE
Albuquerque NM, 87108
Interior Features
Total Stories
1
Bedrooms
3
Total Bathrooms
2
Appliances
Refrigerator
Floor Description
Carpet, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Evaporative Cooling
Heating
Yes
Heating Description
Central, Forced Air
Exterior/Building Features
Lot Size
1.58 Acres
Exterior Features
Landscaping
Other Property Details
Area Name
71 - Southeast Heights
Taxes
$826
Tax Frequency
Annually
Days on Market
71
Garage
No
View
No
County
Bernalillo
Pool
No
Buyer Agency Compensation
2.0%
Green Building Features
Green Features
None
The information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor R1 Realty One of New Mexico shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.