1500 South Avenue K, Portales, NM 88130

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Building Details:

• Year Built: 2007

1500 South Avenue K is located in Portales, NM.

Eastern New Mexico University Student Housing: Marcus and Millichap is pleased to offer for sale the leasehold interest
in San Juan Village, a 267-bed student housing facility on the campus of Eastern New Mexico University in Portales,
New Mexico. This student housing asset is currently leased by the bed and is encumbered by a ground lease to Eastern
New Mexico University. The term of the leasehold estate shall expire at midnight September 1, 2046. The current lease
calls for lease payments to commence July, 1 2018. All pertinent lease documents are availble on request.