NCE National Council of Exchangors
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National Council of Exchangors
CONTROL: Exclusive VALUE: $400,000
    LOAN: $0
    EQUITY: $400,000
TITLE: INFILL DEVELOPMENT PROJECT
TYPE OF PROPERTY: Development
HAVE: Large multi and single family infill development project downtown rural community of Moriarty , NM All City utility available. About 16-20 acre project. Prior replat had been approved by City...developer retired.
WEBSITE ADDRESS:
PARCEL#: MLS# 893864    
CITY, STATE: Moriarty, NM COUNTY: Torrance
BENEFITS TO NEW OWNER: Large demand for rental property here...prior developer was going to put in about 18 four plex units plus have about 60+ single family lots available. New truck stop in progress 2 miles north.
GROSS SCHEDULED INCOME: $0    Projected
VACANCY LOSS: $0
GROSS EFFECTIVE INCOME: $0
EXPENSES: $0
NOI: $0
DEBT SERVICE: $0
CASH FLOW: $0
CAP RATE: 0.00%
ENCUMBRANCES: BALANCE: PAYMENT: RATE: DUE: ASSUMABLE:
LOAN 1:      
LOAN 2:      
BENEFITS SOUGHT: Convert an asset to something else or income. Open land or other property near Buffalo, NY area. Very open to SFRS in Rio Rancho ,NM.
CAN ADD: Home(s) at Bluewater Lake from $100-150K free/clear. Maybe small payment $500/mo.
REMARKS: Open to exchanges and seller financing. See at www.cblegacy.com MLS# 893864
COUNSELOR: Frank Andreone
Coldwell Banker Legacy
6767 Academy NE
Albquerque, NM 87109
Phone: (505) 857-2294
Fax: (505) 212-9380
land4u.nm@gmail.com
 
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