NCE National Council of Exchangors
Package Detail
<< Back
National Council of Exchangors
CONTROL: Exclusive VALUE: $25,000
    LOAN: $0
    EQUITY: $25,000
TITLE: BEST PRICED COMMERCIAL LAND IN CITY 1.47 AC
TYPE OF PROPERTY: Land
HAVE: COMMERCIAL 1.5 ACRES W/SOME UTILITY PRIOR MH REMOVED... CITY WATER AND SEWER UP STREET-POSSIBLE LOT SPLIT TO 7-8 UNITS WITH UTILITY EXTENSION.
WEBSITE ADDRESS:
PARCEL#:    
CITY, STATE: MORIARTY, NM COUNTY: TORRANCE
BENEFITS TO NEW OWNER: LOWEST PRICED COMMERCIAL ZONED LOT IN ENTIRE CITY OF MORIARTY BY FAR....YOU SPLIT OR FLIP... SELLER MAY BE BUYER WITH THIS AS DOWN PAYMENT AND CASH ADD
GROSS SCHEDULED INCOME: $28,000    Projected
VACANCY LOSS: $0
GROSS EFFECTIVE INCOME: $28,000
EXPENSES: $500
NOI: $27,500
DEBT SERVICE: $0
CASH FLOW: $27,500
CAP RATE: 110.00%
ENCUMBRANCES: BALANCE: PAYMENT: RATE: DUE: ASSUMABLE:
LOAN 1:      
LOAN 2:      
BENEFITS SOUGHT: TURN NON-PERFORMING ASSET INTO INCOME.....
CAN ADD: CASH/LOAN
REMARKS: I SOLD THIS AT $60K ABOUT 10-12 YEARS AGO...BUYER PAID 5 YEARS AND DEFAULTED DUE TO OVER EXTENDED INVESTMENTS IN NV. OWNER NOT AREA BOUND....
COUNSELOR: Frank Andreone
Coldwell Banker Legacy
6767 Academy NE
Albquerque, NM 87109
Phone: (505) 857-2294
Fax: (505) 212-9380
land4u.nm@gmail.com
 
Print