INVESTMENT SUMMARY Casa de la Paz

218 Yale SE | Albuquerque, NM 87106

U N M

F O U R P L E X

L E E D

P L A T I

N U M

Virtual Tour www.nmapartment.com/yale3d Confidentiality Agreement: www.nmapartment.com/yale218

The Offering On behalf of the owner, NM Apartment Advisors Inc. Is excit‐ed to bring to market one of the few LEED Platinum standard apartment communities in the heart of University area . This new(er) building was con‐structed in 2013 and in addition to meeting the criteria for high energy efficient, it offers digital locks, built‐in washers/dryers, and high end finishes/surfaces.

Address 218 Yale SE Albuquerque, NM 87106

Number of Units

4

Year of construction:

2013

Bldg. Size Net Rentable

2,700 sf per

building plans

Parking

Avg. Unit Size 675 square feet

Avg. Rent $850 + utilities

$1.26/sf

Site 0.16 acres

List Price $576,218

$/ unit $144,055

$ /sf $213.41

GRM 14.87

Cap Rate Before reserves

5.20%

Cap Rate After reserves

5.0%

Year 1 NOI $28,859

IRR Before Tax 11.50%

IRR After Tax 8.70%

Amenities Digital coded locks for common area gates and unit doors, washer/dryers in each unit, built to energy efficient LEED Platinum standard.

5 spaces on site accessed via alley to the east

Annual Property Operating Data (APOD)

5 year hold analysis with internal rate of returns (IRR)

Comparable Sales

Upside ‐ Vacation Rental Potential

Source: The subject property was master leased by a vacation rental entrepreneur for a period of 5 years, until they moved to Oregon. According to AirDNA, Albuquerque is an A loca-tion for vacation rentals

Photographs

Photographs

Residential Unit Digital lock

Common area gates Digital lock

Photographs

Combo Heater/Refrigerator air unit

Interior Photographs

Photographs

Photographs

Photographs

Photographs

Floorplans

Floorplans – Isometric

Site plan & Value Add Oppurtunities

Value Add components The developer built the property with the finishes and standards that would make it an easy conversion to individual condo units. Some owners in the area charge a $25 per parking space fee as there is high de-mand for parking in close proximity to UNM & CNM.

Floorplans – Landscape plan and plants

Leadership in Energy & Environmental Design (LEED)

About LEED LEED was developed by the US Green Building Council as a 3rd party certification program based on performance based rating system that was designed to accelerate the development and implementation of sustainable building practices. LEED certified buildings: • Provide for low operating costs through

efficient use of energy and water • Reduce harmful greenhouse gas and

ozone‐depleting emissions • Provide for healthier and safer environ‐

ments for occupants • Reduce waste sent to landfills • Often qualify for expedited approvals,

tax rebates, zoning allowances and other incentives

• Demonstrate to customers and the local community an owner’s commitment to environmental stewardship and social responsibility

To the best of the owner’s knowledge, the four units were the first in Albuquerque, NM that was certified as a LEED For Homes Platinum energy rating (meaning it scored more than 90 points for energy efficient). Additional info on LEED, or Leadership in Energy & Environmental Design can be found at https://en.wikipedia.org/wiki/Leadership_in_Energy_and_Environmental_Design A list of NM property’s that confirm the various levels of LEED standards can be found at https://www.usgbc.org/projects/list?keys=albuquerque&=Search The property’s score card can be viewed at https://www.usgbc.org/projects/casa-de-la-paz-townhomes?view=scorecard

This community has hit the trifecta in high walk, bike and transit scores. Did you know? According to the Apartment Association of NM, those communities that are in the top 10% of walk, bike or transit scores are able to col‐lect rents 24%‐26% higher than the average?

The Location

The Neighborhood

UNM Park &

Ride

This community located directly east of the main part of the University of NM’s campus and at the gateway to Albuquerque's Nob Hill gourmet row.

New Titan / Alliance Mixed use Residential

development

UNM Hospital

Presbyterian Hospital

UNM enrollment: 27,353 (2015)

CNM enrollment: 28,263 (2012)

The Neighborhood happenings The University of NM is undergoing a dramatic expansion with over $150M in new construction in additions to its business school, engineering school, and medical campus.

New ART “subway with a view”

- Lobo Stop station

Subject

Quick View

2014 Enrollment: 343

Full-time Faculty: 42

Close community encourages one-to-one faculty-student contact

One of the best and most competitive tuition rates in the country

State-of-the-art hands-on clinic enables students to hit the ground running

Highly ranked for popularity, diversity, and value

218 Yale is located between of main UNM and CNM Campuses

This community is within walking of the main campus and bik-ing distance of the UNM law and medical campuses.

The Market—Albuquerque, NM Although the rest of the country might know Albuquerque for its award winning TV Show, Breaking Bad, astute investors are looking at Albuquerque as the place to invest.

With neither a boom or bust mentality, Albuquerque has a strong record of rent increases and a lack of new product. This results in high barriers to entry for competing apartments making multifamily invest-ment a solid choice.

Thanks to major employers like Sandia National Laboratories and Intel Albuquerque is home to more PhD’s per capita than in any city in North America.

Albuquerque has an exceptional quality of living, offering over 147 miles of hiking and biking trails inside the city as well as mile high Sandia mountains, and North Americas largest cottonwood forest, Albuquerque is known for its 300+ days of sunshine, skiing and golf in the same day, stunning sunsets, and abundance of outdoor activities, Albuquerque is the amenity for most apartment residents.

#1 place where home prices are

likely to rise

Albuquerque,NewMexicointhenews Forbes Ranks Albuquerque #8 in Best Cities for Jobs UNM Schools Ranked Among Best

Albuquerque Named 25th Among America's Hottest Job Markets

Washington Business Journal—Bizjournal September 2007

Albuquerque Named Among the 50 Best Adventure Towns

New Mexico Ranked Fifth Nationally for Manufacturing Momentum

Albuquerque Ranked #9 Among Cities for Most Educated Workforce

New Mexico Ranked #7 for Pro-Business Climate (#1 in the Southwest)

Albuquerque Ranked #2 Arts Destination

AmericanStyle Magazine, June 2007

Albuquerque Named Among the Top 20 Metros for Nanotech

Albuquerque Named one of the Top 20 Midsize Cities for Doing Business Inc.com, April 2007

Albuquerque Fittest City in the Nation

Albuquerque One of America's 50 Hottest Cities,

Albuquerque Named a Top 10 City for Movie Making,

MovieMaker Magazine, Winter 2007

Albuquerque Ranked 3rd Smartest City to Live,

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 Magazine Ranks Albuquerque as 5th Best Metro Overall and Lowest Cost City for Doing Business- Forbes, May 2005

6th best city in US for connecting workers to jobs using Public Transportation

Brookings Institute—July 2012

One of the 10 best park systems in the nation

Trust for Public Land—2012

3rd most fittest city

Men’s Fitness Magazine– 2012

3rd best city to make movies

Moviemaker.com– June 2012

Top 25 best places to Retire

CNNMoney.com—Sept. 2011

15th best city in Bloomberg’s Business Week (best cities)

Bloomberg’s Business Week—2011

#17th best bike friendly city

Bicycling Magazine—2010

Top Ten for Being a Healthy Community

Outside Magazine—#6—August 2009

One of the Best Cities in the Nation

Kiplinger Magazine—#2—July 2009

Top 10 places to Live

U.S. News & World Report—June 2009

AAA rates Albuquerque 2nd in vacation affordability

American Automobile Association—June 2008

UNM Anderson School Ranked in Global 100

Aspen Institute, October 2007

9th best mid-sized city of the Future

Foreign Direct Investment magazine—03/2015

6th best city to travel to for food snobs

Travel+Leisure—03/2015

3rd best city for rent growth

All Property Management as reported in ABQ Journal—10/2013

America’s best city for Global Trade for Skilled Workforce

Global Trade magazine—11/2014

#1 City in SW “20 Game Changers redefining the west”

Sunset Magazine—01/2018

Marketing Advisors

Property Tour : Do not disturb tenants, email Listing Agent for info.

Register online for the info at www.nmapartment.com/yale218

Todd Clarke CEO

NM Apartment Advisors Inc.

Lic. #13711

505‐440‐TODD

tclarke@nmapartment.com

www.nmapartment.com

Information