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 Beds


Bathrooms

2 Baths


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.

Powered byLuxury Presence