INVESTMENT SUMMARY | Los Lunas, NM SFR Housing Portfolio

INVESTMENT SUMMARY SFR Housing Los Lunas, NM Portfolio 15 single family residences located in Cypress Gardens & Eastland Hills | Los Lunas, NM Properties Area: 7 homes in Cypress Gardens 8 homes Eastland Hills The portfolio consists of 15 single family residential homes that were built in the mid to late 1990’s and that are concentrated into two subdivisions in Los Lunas NM. # of units: 15 total Avg. Unit 1,224 Size Year of Construction Most in 1997‐1998 Ask Price: $1,485,000 $99,000/unit $80.79/sf Proforma Avg. Rent $914 $0.75/sf $1,016 $0.83/sf CAP Rate 7.2% 13.0% Cash on Cash 11.2% 31.5% 18,150 +/‐ Net Rentable Total Land 7.33 +/‐ Acres Size: SFR Housing Los Lunas, NM Portfolio larger lots, are included in an HOA and have septic tank
system. The properties are pet friendly with lots of tile or
hardwood floors, and they are one of the few rentals in the area
that caters to pets. Currently, the manager does not charge for
an extra pet deposit or pet rent.
The current manager has a long history with the portfolio and
is an asset in place that would like to continue managing the
properties for the new owner.
EOY 2014 Size (sf) These 15, three bedroom, 2 bathroom, 2 garage, residences are owned
by a variety of related family entities. Although there is a strong preference to sell as one large portfolio, the seller can split the portfolio up
by subdivision. Please note that the Cypress Gardens homes are on
UPC: Multiple APOD Photographs 5 Alamosa
7 Alamosa
8 Alamosa
Entrance to Cypress Gardens
39 Alamosa
22 Alamosa
1285 Camino Del Rey
1985 Panorama
2015 Panorama
2025 Panorama
16 Parador
18 Alamosa
6 Paraiso
Albuquerque Forbes Ranks Albuquerque #8 in Best Cities for Jobs

Forbes, October 2007
in the news:
Located just 27 miles south of Albuquerque, Los Lunas is one of New Mexico’s fastest growing communities. Albuquerque is steadily pulling itself out of the economic downturn with increasing employment in most sectors, with a particular focus on the innovation square concept at Broadway and Central (where Microsoft has just announced a new facility). Ideally situated between Los Angeles and Dallas, Phoenix and Denver, and known for its quality of living, Albuquerque is increasing its walkable/bikeable and mass transit infrastructure to continue to recruit future employment. 3rd best city for rent growth
All Property Management as reported in ABQ Journal—10/2013
UNM Schools Ranked Among Best

Hispanic Business- September 2007
6th best city in US for connecting workers to jobs using Public Transportation
Albuquerque Named 25th Among America's Hottest Job Markets
Brookings Institute—July 2012
On of the 10 best park systems in the nation
Trust for Public Land—2012
3rd most fittest city
Albuquerque Named Among the 50 Best Adventure Towns

National Geographic Magazine, September 2007
New Mexico Ranked Fifth Nationally for Manufacturing Momentum

Business Facilities, June 2007
Men’s Fitness Magazine– 2012
3rd best city to make movies
New Mexico Ranked Fifth Nationally for Manufacturing Momentum

Business Facilities, June 2007
Moviemaker.com
Top 25 best places to Retire
Albuquerque Ranked #9 Among Cities for Most Educated Workforce

Business Facilities- June 2007
CNNMoney.com
15th best city in Bloomberg’s Business Week (best cities)
Bloomberg’s Business Week—2011
New Mexico Ranked #7 for Pro-Business Climate (#1 in the Southwest)

Business Facilities, June 2007
#17th best bike friendly city
Albuquerque Ranked #2 Arts Destination
Bicycling Magazine—2010
Top Ten for Being a Healthy Community
Outside Magazine—#6—August 2009
One of the Best Cities in the Nation
Albuquerque Named Among the Top 20 Metros for Nanotech

Wilson Center's Project on Emerging Nanotechnologies, May 2007
Albuquerque Named one of the Top 20 Midsize Cities for Doing Business
Inc.com, April 2007
Kiplinger Magazine—#2—July 2009
Albuquerque Fittest City in the Nation

Men's Fitness, March 2007
Top 10 places to Live
U.S. News & World Report—June 2009
AAA rates Albuquerque 2nd in vacation affordability
American Automobile Association—June 2008
Albuquerque One of America's 50 Hottest Cities,

Expansion Management, February 2007
Albuquerque Named a Top 10 City for Movie Making,
#1 place where
home prices are
likely to rise
Hundreds of films have been
filmed in NM, and over a dozen TV shows and movies are in
the works in 2014
Albuquerque Ranked 3rd Smartest City to Live,

Kiplinger’s Personal Finance, May 2006
Albuquerque One of the Top Metros in U.S. Overall for Public Schools
Expansion Management, May 2006
Bizjournals Survey Ranks Albuquerque 18th for Jobs,

BizJournals, November 2006
Albuquerque Best in Nation for Business and Careers

Forbes, May 2006
Forbes Magazine Ranks Albuquerque as 5th Best Metro Overall and Lowest

Cost City for Doing Business- Forbes, May 2005
Proximity to Albuquerque The village of Los Lunas is located within Valencia county, which is part of the four county region that makes up the Albuquerque Metropolitan Sta‐
tistical area. forecast, Valencia County is forecasted to grow by 107% by 2035 offering an investor built in appreciation from job and popu‐
lation growth. According to the Mid‐Region Council of Governments 2035 The commute from
Downtown Albuquerque to
Los Lunas is
30 minutes by car or
Ri
Los Lunas Rail station offers
109 parking spaces +
bike lockers
oG
n
ra
SFR Housing Z
de
Approximately 2 miles
oo
Los Lunas, NM 32 minutes by the RailRunner
commuter line (with service 5
times daily)
Location Aerial This portfolio of properties is 100% rented and located on the east and west side of the Village of
Los Lunas. Seven of the residences are located in the Eastland Hills subdivision (near I-25) and eight
of the residences are located in the Cypress Gardens subdivision (closer to the “Y”). The two subdivisions are about 8 miles apart.
7 7.9
miles
Ti
ng
SFR Housing Los Lunas, NM 8 Los Lunas ‐ Area Demographics SFR Housing Los Lunas, NM Additional Information Register online for additional documentation and property tour www.nmapartment.com/LL Marketing Advisors The owner and property are represented by Todd Clarke CCIM of NM Apartment Advisors Inc. NMAA has over a quarter century of experience of marketing apartments in the New Mexico area. Todd Clarke CEO NM Apartment Advisors Inc. SFR Housing 715 8th NW Albuquerque, NM 87102 Los Lunas, NM 505‐440‐TODD [email protected] Portfolio www.nmapartment.com