29 bedroom house for sale

Albuquerque NM 87108

Overview

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.

Details

  • Beds: 29
  • Baths: 17
  • Price: $1,849,171
  • Reference No.: 69222394
  • Area: 13,614 sqft

Location

Albuquerque NM 87108

29 bedroom house for sale

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2024-03-30, Viewed 0 times.