7605 Bell Ave SE

Ready to close in 2023 – 53 unit portfolio in #1 market in country for rent growth with seller financing at 4.85%

On behalf of the owners, Todd Clarke at NM Apartment Advisors is pleased to bring this apartment portfolio to market in the #1 market in the country for rent growth.

NM Apartment Advisors is excited to offer this once in a decade opportunity to acquire a large portfolio of apartment investments in the International District. A total of 53 units in 15 buildings in 9 concentration, all within 9 x 9 block area.

Area amenities include Ta-Lin International market, Expo! NM, The NM State Fair, and the constructed International District Library.

The portfolio straddles historic Route 66, home to the Albuquerque Rapid Transit corridor which offers quick connections to the Uptown retail district, Nob Hill, UNM/CNM Area as well as downtown, Kirtland Air Force Base and Sandia National Laboratories.

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).

The 10 page flyer at http://www.nmapartment.com/apt/NMAA-MF-SE-Portfolio.pdf

The same owner also has a 11 unit single family portfolio also for sale at $1,849,171.

Sophisticated investors know to close before end of year 2023, and combine this acquisition with cost segregation study and the 2018 tax and jobs act to push your effective Federal Tax Rate to 5%. (See below).

Qualified investors can register for additional confidential information at http://www.nmapartment.com/mfportfolio

This portfolio will go quick to investors who are tracking the rent growth in the market from the shortage of housing due to all of the new Netflix, Facebook, Amazon and Intel jobs.

 Todd Clarke CCIM CIPs
CEO
NM Apartment Advisors Inc.
(505) 440-TODD

Tax Savvy investors are taking benefit of the cost segregation + 2018 tax cuts & job act to garner amazing tax shelter on a Federal level.  Said benefit decreases from 100% to 80% on 1/1/2023. More at http://www.nmapartment.com/resources/00-NMAA-Tax2018ActandCostSegregationExample-v2-11032022

And zoom video presentation overview at http://www.nmapartment.com/cretaxbenefits