TITLE:
Warehouse Plus RV/Boat Storage
CONTROL:
Exclusive
VALUE:
$1,400,000
LOAN:
$0
EQUITY:
$1,400,000
TYPE:
Industrial
HAVE:
Two one acre parcels for sale in the Northern corridor of Rio Rancho. The primary acre features a 6300 square foot warehouse separated into 3 equal sized bays. Two available for quick occupancy and the third has been leased by the same long term tenant.
ADDRESS:
1050 Carpenter St. NE, Rio Rancho, New Mexico
BENEFITS TO NEW OWNER:
Free and Clear Property
OTHER FILES:
GROSS SCHEDULED INCOME:
$87,000 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$87,000
EXPENSES:
$10,000
NOI:
$77,000
DEBT SERVICE:
$0
CASH FLOW:
$77,000
CAP RATE:
5.50%
CAN ADD:
none
REMARKS:
Two one acre parcels for sale in the Northern corridor of Rio Rancho. The primary acre features a 6300 square foot warehouse separated into 3 equal sized bays. Two available for quick occupancy and the third has been leased by the same long term tenant.
COUNSELOR:
Michael Schlichte
Absolute Real Estate
1100 Alameda Blvd. NW Ste.4
Albuquerque, New Mexico, 87114
