TITLE:
Tewa Lodge
CONTROL:
Exclusive
VALUE:
$800,000
LOAN:
$300,000
EQUITY:
$500,000
TYPE:
Hotel/Motel
HAVE:
Fully Leased to Behavioral Health tenant for $12,000 per month. 30 Room Route 66 motel on Central Ave in Albuquerque.
ADDRESS:
5715 Central Ave NE, Albuquerque, New Mexico
BENEFITS TO NEW OWNER:
Income to an investor
OTHER FILES:
GROSS SCHEDULED INCOME:
$180,000 Projected
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$180,000
EXPENSES:
$94,379
NOI:
$85,621
DEBT SERVICE:
$0
CASH FLOW:
$85,621
CAP RATE:
10.70%
BENEFITS SOUGHT:
Cash out
REMARKS:
Historic 30 door motel has easy access to electrical and plumbing for repairs.
COUNSELOR:
Coralee Quintana
eXp Realty, LLC
One Sun Plaza Suite 650
Albuquerque, , 87109
Phone: 5056391266
