TITLE:
7 subdivided lots in mountainair NM
CONTROL:
Exclusive
VALUE:
$420,000
LOAN:
$0
EQUITY:
$420,000
TYPE:
Land
HAVE:
7, 10 acre, residential lots in a small subdivision in Mountainair, NM. Underground electric, 1 well drilled with possible share to additional lot.
ADDRESS:
39 Bridle lp, Mountainair, New Mexico
BENEFITS TO NEW OWNER:
NO DEBT. Creative sellers. Can sell/trade one or all 7.
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$455
NOI:
$-455
DEBT SERVICE:
$0
CASH FLOW:
$-455
CAP RATE:
0.00%
BENEFITS SOUGHT:
Passive income, path to cash, possible project property, existing paper.
CAN ADD:
New loan/cash, creativity, paper.
REMARKS:
Southwest Living in rural Mountainair away from the bustle of big cities but with local amenities. Easy commute into Albuquerque(75 min) or Santa Fe(95 min) or go to either destination by the Rail Runner(located only 40 minutes away) in Belen.
COUNSELOR:
Brandon Sanchez
The Sanchez Group
PO Box 1781
Moriarty, New Mexico, 87035
