NCE National Council of Exchangors
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National Council of Exchangors
CONTROL: Owner VALUE: $25,000
    LOAN: $0
    EQUITY: $25,000
TITLE: TWO DEVELOPED LOTS-ELEPHANT BUTTE LAKE,NM
TYPE OF PROPERTY: Land
HAVE: Two adjacent lots in Elephant Butte, NM with all city utility. ($25K/lot). Broker /Owner. Modular OK ground set - stucco ext., tile roof. Homes in area $100k-250K.
WEBSITE ADDRESS: http://www.coldwellbankerlegacy.com
PARCEL#: MLS 824923    
CITY, STATE: Elephant Butte, NM COUNTY: Sierra
BENEFITS TO NEW OWNER: Two great view lots just minutes from the Lake and State Park. Adjacent homes tile roofs and stucco . Modulars OK. All city utility available. I may take what you have and I can add CASH to buy UP!!
GROSS SCHEDULED INCOME: $0    Actual
VACANCY LOSS: $0
GROSS EFFECTIVE INCOME: $0
EXPENSES: $350
NOI: $-350
DEBT SERVICE: $0
CASH FLOW: $-350
CAP RATE: 0.00%
ENCUMBRANCES: BALANCE: PAYMENT: RATE: DUE: ASSUMABLE:
LOAN 1:      
LOAN 2:      
BENEFITS SOUGHT: Activate an asset. Path to cash flow. I will go UP and add. Open to vehicles/fishing boats as part of deal.
CAN ADD: CASH , More land: 2.5 AC and 5 AC in NE Moriarty,NM
REMARKS: Just 30+ minutes from New NM Space Port near Engle,NM. About 5 minutes to State Park Boat Ramp Elephant Butte Lake. Two golf courses nearby. Hot springs,etc. 2HRS south of Albuq. Great FISHING.
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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