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Courtesy: NM Apartment Advisors, Inc.(505) 440-8633
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

7919 Bell Avenue SE,  Albuquerque NM, 87108

(Active)
$1,849,171
|
3 beds, 2 baths, 13,614 sqft
|
MLS# 1054785

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Last Updated: 5/13/2024 9:01 PM
Description for 7919 Bell Avenue SE Albuquerque, NM 87108
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.
Price
$1,849,171
Multiple legal descriptions for 11 properties
Bernalillo
3
2
13,614 (approx)
1054785
Active
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.
Listing Information
Property Type: Multi-Family, 1 Story
3 2
1.58 Acres 13,614 (approx) 1980
1 Frame
Multiple legal descriptions for 11 properties
Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Neighborhood
Room Information
Interior Features
Refrigerator
Vinyl, Carpet
Evaporative
Other, Forced Air, Central
Exterior / Lot Features
Frame
R-1
Driving Directions
Please review flyer for location info on all 11 units.
Financial Considerations
101905629526911502
$826
Owner May Carry
Listing Price History

Albuquerque Real Estate

Albuquerque is located in New Mexico. Albuquerque, New Mexico 87108 has a population of 572,777.

The median household income in Albuquerque, New Mexico 87108 is $32,346. The median household income for the surrounding county is $56,090 compared to the national median of $66,222. The median age of people living in Albuquerque 87108 is 38 years.

Data provided below are primarily sourced from Public Records data.

Nearby Recent Sales (Sourced from Public Records)
Street Address City Beds Baths Sold Price Sold Date
No information is available for recently sold properties within this search.
Price History
Date Event Price Source
12/29/2023 Active $1,849,171  USD  MLS info
Tax History (Sourced from Public Records)
year Property Taxes Change Tax Assessment Change
2023 $855   USD 3.51% $20,005   USD 3.00%
2022 $826   USD 3.51% $19,422   USD 3.00%
2021 $798   USD 1.66% $18,857   USD 3.00%
2020 $785   USD 3.02% $18,308   USD -
2019 $762   USD 3.67% $18,308   USD 3.00%
Courtesy: NM Apartment Advisors, Inc.(505) 440-8633
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This content last refreshed on 5/13/2024 9:01 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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