NCE National Council of Exchangors
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National Council of Exchangors
CONTROL: Exclusive VALUE: $185,000
    LOAN: $0
    EQUITY: $185,000
TITLE: COMMERCIAL CORNER NEAR WALMART
TYPE OF PROPERTY: Land
HAVE: Corner lot fronting main highway across from Super Walmart and new charter school under construction. Perfect for office,retail,food service.
WEBSITE ADDRESS: http://www.cblegacy.com
PARCEL#: MLS# 910035    
CITY, STATE: Edgewood, NM COUNTY: Santa Fe
BENEFITS TO NEW OWNER: Super location and best price $/SF in area. City utility in street. Area beginning to boom...new hotel under construction down street on Rt. 66.
GROSS SCHEDULED INCOME: $90,000    Projected
VACANCY LOSS: $0
GROSS EFFECTIVE INCOME: $90,000
EXPENSES: $10,000
NOI: $80,000
DEBT SERVICE: $0
CASH FLOW: $80,000
CAP RATE: 43.24%
ENCUMBRANCES: BALANCE: PAYMENT: RATE: DUE: ASSUMABLE:
LOAN 1:      
LOAN 2:      
BENEFITS SOUGHT: Path to cash
CAN ADD: 7000 SF on 3 AC down the street. $450 K no debt. May finance short term..open to partial exchanges.
REMARKS: Income projection based on $6/SF for 10,000 office,retail,etc. Based on stated income from neighboring commercial building owners @$9/SF......
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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