TITLE:
Route 66 RV Park, Edgewood NM
CONTROL:
Exclusive
VALUE:
$3,400,000
LOAN:
$1,800,000
EQUITY:
$1,600,000
TYPE:
Resort Property
HAVE:
RV park has high occupancy which includes Monthly stays. Management on site.
ADDRESS:
1981 Old US 66, Edgewood, New Mexico
BENEFITS TO NEW OWNER:
Good running RV park with room to expand. On site manager, Food Truck, Coffee shop building
GROSS SCHEDULED INCOME:
$495,835 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$495,835
EXPENSES:
$271,912
NOI:
$223,923
DEBT SERVICE:
$0
CASH FLOW:
$223,923
CAP RATE:
6.59%
BENEFITS SOUGHT:
Sell, trad, JV, carry paper,
CAN ADD:
Includes 2 additional lots 6.68 acres.
REMARKS:
Motivated seller wants to move closer to Silverthorn CO.
COUNSELOR:
Dave Sanchez
Sanchez Investment Realty LLC
15100 Almstead St.
Hudson, Colorado, 80642
