NCE National Council of Exchangors
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National Council of Exchangors
CONTROL: Exclusive VALUE: $99,000
    LOAN: $0
    EQUITY: $99,000
TITLE: LAND WITH OWNED WATER RIGHTS 60 ACRES
TYPE OF PROPERTY: Land
HAVE: 60 AC prior farm - not currently in crops. Significant owned water rights included.
WEBSITE ADDRESS:
PARCEL#:    
CITY, STATE: Moriarty, NM COUNTY: Torrance
BENEFITS TO NEW OWNER: Put into crops. Corn, alfalfa, hemp grown in this area. Or sell off water rights and divide land into 5 AC tracts for homes.
GROSS SCHEDULED INCOME: $0    Actual
VACANCY LOSS: $0
GROSS EFFECTIVE INCOME: $0
EXPENSES: $575
NOI: $-575
DEBT SERVICE: $0
CASH FLOW: $-575
CAP RATE: 0.00%
ENCUMBRANCES: BALANCE: PAYMENT: RATE: DUE: ASSUMABLE:
LOAN 1:      
LOAN 2:      
BENEFITS SOUGHT: CASH - thus priced this low.
CAN ADD: Tax credits.
REMARKS: Jan. 2021 appraisal at $145K
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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