541 Paisano St. NE
Albuquerque, New Mexico
Office/Warehouse Sale

RECENT CLIENT SUCCESS

NAVIGATING FINANCIAL CHAOS: HOW OUR CLIENT THRIVED AGAINST ALL ODDS!

CHALLENGE

The 541 Paisano property, spanning 5,000 square feet, is in the Southeast Heights submarket of Albuquerque. It features a 3,000-square-foot office building and a separate 2,000-square-foot warehouse, both situated on a one-acre plot. Originally constructed in 2002 for the owners' personal use, they found themselves needing to downsize, thus leaving them with an asset larger than required. They were amenable to both selling and leasing options.
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ACTION

Upon introducing the property to potential stakeholders, it was evident that there was a more pronounced interest among buyers. This inclination, combined with a comprehensive market analysis, led to the consensus that a sale would better fulfill the seller's pricing aspirations over a lease. We successfully negotiated a purchase agreement with a prospective buyer, bringing the property under contract.

A week before finalizing the deal, the lender unexpectedly withdrew due to increasing interest rates and a declining office market. Evaluating the situation, both parties agreed that proceeding with a Real Estate Contract (installment purchase agreement) would be the optimal solution.

RESULT

  • Despite shifting market dynamics that typically disfavor sellers, the Seller attained their desired price.
  • The transaction resulted in meeting the Seller’s objective of having an investment that provided a consistent cash flow while also deferring potential capital gains taxes.
  • The Buyer benefitted as well, acquiring the property with a reduced upfront cost, avoiding standard financing fees and charges.
TESTIMONIAL

REA | Real Estate Advisors expertly navigated the sale of the property during a shifting market, showcasing creativity required to overcome unforeseen challenges. The professionalism and transparency of all parties resulted in a win-win outcome.