1928 Buena Vista SE, Albuquerque, NM 87106 For Sale

Subject: South Campus/UNM Area Fourplex – townhouse style units ready for owner occupant

Good morning!

On behalf of the owners, NM Apartment Advisors and GDR Management & Sales are excited to bring this quality South UNM Campus / Sunport area fourplex to market

On behalf of the owners, NM Apartment Advisors and GDR Property Solutions are excited to bring this quality South UNM Campus / Sunport area fourplex to market. Located across just east of the luxury apartment community Broadstone Towne Center and just south of the University Stadium district. The property is also a few blocks from the recently announced south campus retail district with a new Target and In-N-Out Burger amongst other retailers.

These townhouse style units, located at 1928 Buena Vista, SE offers a fantastic opportunity to capitalize on this very well-positioned 4-plex. Beyond its proximity to UNM, CNM, Presbyterian Hospital, Kirtland Air Force Base, and I-25, this 4 unit community Development is less than a mile from the burgeoning Max Q Development, and it's just 2 miles east of the just announced Lobo Crossing Retail Development.

Any savvy investor knows they are three magic numbers for Albuquerque: 100, 320 and 24,343. Albuquerque has been home to the historic mother road, Route 66, for 100 years of its 320 year history, and its currently undergoing a housing shortage of 24,343 units.

The property is nestled at the back of the lot providing both significant buffering from Yale and optimum use of the townhouse style unit with a ground floor that consists of kitchen, dining, living and 1/2 bathroom and an upstairs with two bedrooms one bathroom.The owner has left two units vacant for a potential owner occupant “plus one”.

Do not miss out on this rare chance to be embedded in the University area and near major new employment and retail opportunities!

Metrics of investment performance at the ask price of $528,895 include a price per sf of $138, a price per unit of $132,224, GRM of 9.62, a cap rate after reserves of 6.50% and an after tax IRR of 13.20%.

22 page flyer with rents, expenses, floorplans, survey, photos and virtual tour can be found at http://www.nmapartment.com/apt/NMAA-Girard1809SE.pdf

Virtual tour of Unit A: www.nmapartment.com/3dbuenavista1928a

Virtual tour of Unit B: www.nmapartment.com/3dbuenavista1928b

Qualified buyers/investors can register for additional confidential information at www.nmapartment.com/buenavista1928se

Buyers and Buyer’s broker can discover the Sellers concession to the Buyer that is offered for this property by email [email protected] with listing # 2571809 in the subject line.

Do not miss out on owning a close to campus gem like this fourplex!

Thanks,

Todd Clarke CCIM CIPs

CEO

NM Apartment Advisors Inc.

(505) 440-TODD

And

Sarah Rich

Qualifying Broker

GDR Management & Sales

(505) 228-6620