Property Details

TITLE:
505 Wyoming Ne
CONTROL:
Exclusive
VALUE:
$340,000
LOAN:
$0
EQUITY:
$340,000
TYPE:
Office Building
HAVE:
This attractive and well-kept office building is a true pride of ownership property. It features three individual office units, each approximately 800 sq ft.
ADDRESS:
505 Wyoming Blvd NE, Albuquerque, New Mexico
BENEFITS TO NEW OWNER:
Newer heating units installed in all offices. Two units equipped with mini-split A/C systems. One unit features an evaporative cooler Excellent condition, reflecting consistent maintenance and care
GROSS SCHEDULED INCOME:
$36,000 Projected
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$36,000
EXPENSES:
$0
NOI:
$36,000
DEBT SERVICE:
$0
CASH FLOW:
$36,000
CAP RATE:
10.59%
BENEFITS SOUGHT:
Retiring looking for longer income
REMARKS:
The owner is open to owner financing or may consider a trade for a home in Fort Collins, Colorado.
COUNSELOR:
Gary Bernier
Vista Real Estate Solutions
PO Box 37376
Albuquerque, New Mexico, 87176
Phone: 505-833-1400
Cell: 505-220-9422