TITLE:
Land in McIntosh
CONTROL:
Owner
VALUE:
$340,000
LOAN:
$0
EQUITY:
$340,000
TYPE:
Land
HAVE:
220 acres of partially developed land which can be sold or traded in as small as 10 acre parcels. Neighboring 10 acre lot with a single wide recently sold for $190k
ADDRESS:
Caleb Rd., McIntosh, New Mexico
BENEFITS TO NEW OWNER:
Free and clear land in growing area. Will seller carry.
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$1,200
NOI:
$-1,200
DEBT SERVICE:
$0
CASH FLOW:
$-1,200
CAP RATE:
0.00%
BENEFITS SOUGHT:
Get out of title - will go up or down.
CAN ADD:
Houses and mobile home park in Illinois, land in other states, notes, cash
REMARKS:
Owner is an experienced broker looking to move excess inventory.
COUNSELOR:
Erica Vesely
Dragonfly Capital RE
PO Box 94104
Albuquerque, New Mexico, 87199
