TITLE:
Bosque Farms Land for Development
CONTROL:
Exclusive
VALUE:
$1,519,000
LOAN:
$0
EQUITY:
$1,519,000
TYPE:
Land
HAVE:
4 acres of commercial C-1 land with access from Bosque Farms boulevard. May also be developed into custom homes on large lots. Senior care or memory care facility is also permissible. Only $8 SF with full utilities.
ADDRESS:
1165 Bosque Farms Blvd, Bosque Farms, New Mexico
BENEFITS TO NEW OWNER:
Great land for senior living, custom homes or any C-1 commercial use. Current granite business tenant in place
OTHER FILES:
GROSS SCHEDULED INCOME:
$12,000 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$12,000
EXPENSES:
$4,000
NOI:
$8,000
DEBT SERVICE:
$0
CASH FLOW:
$8,000
CAP RATE:
0.53%
BENEFITS SOUGHT:
Lighten the load
CAN ADD:
1155 Bosque Farms, 1075 Bosque Farms
a double wide on an acre in Apache Junction
REMARKS:
Bosque Farms has easy planning and zoning approvals. It's a safe bedroom community with an excellent public safety record.
COUNSELOR:
Coralee Quintana
eXp Realty, LLC
One Sun Plaza Suite 650
Albuquerque, , 87109
Phone: 5056391266
