NCE National Council of Exchangors
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National Council of Exchangors
CONTROL: Exclusive VALUE: $210,000
    LOAN: $0
    EQUITY: $210,000
TITLE: DOWNTOWN ALBUQUERQUE HOMES
TYPE OF PROPERTY: Homes/Condos
HAVE: OLDER "VICTORIAN LOOK" HOMES - WOOD FLOORS, HIGH CEILINGS , LOTS OF "GINGER BREAD",ETC. 3 TO CHOOSE FROM $210K(SOLD)-$349k-$440k no debt
WEBSITE ADDRESS:
PARCEL#:    
CITY, STATE: ALBUQUERQUE, NM COUNTY: BERNALILLO
BENEFITS TO NEW OWNER: SUPER DEMAND RENTALS.....OR Flip
GROSS SCHEDULED INCOME: $48,000    Projected
VACANCY LOSS: $1,000
GROSS EFFECTIVE INCOME: $47,000
EXPENSES: $2,000
NOI: $45,000
DEBT SERVICE: $0
CASH FLOW: $45,000
CAP RATE: 21.43%
ENCUMBRANCES: BALANCE: PAYMENT: RATE: DUE: ASSUMABLE:
LOAN 1:      
LOAN 2:      
BENEFITS SOUGHT: PATH TO CASH
CAN ADD: 80 ACRES RANCH LAND STANLEY NM $40,000 LOWEST IN AREA $500/AC. 187 ACRE DEVELOPMENT PROJECT LORDSBURG, NM $120,000
REMARKS: VERY HIGH DEMAND AREA....NEAR CITY CENTER. Will consider small partial exchanges as part of deal.
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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