7919 Bell Avenue SE, Albuquerque, NM 87108 (MLS# 1054785)

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.