TITLE:
Tewa Lodge
CONTROL:
Exclusive
VALUE:
$998,000
LOAN:
$0
EQUITY:
$998,000
TYPE:
Hotel/Motel
HAVE:
30 Room Route 66 motel on Central Ave in Albuquerque.
ADDRESS:
5715 Central Ave NE, Albuquerque, New Mexico
BENEFITS TO NEW OWNER:
Can be converted to multi-family.
OTHER FILES:
GROSS SCHEDULED INCOME:
$300,000 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$300,000
EXPENSES:
$102,794
NOI:
$197,206
DEBT SERVICE:
$0
CASH FLOW:
$197,206
CAP RATE:
19.76%
BENEFITS SOUGHT:
Need buyer to take over management.
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
