TITLE:
STORAGE AND MOBILE HOME PARK IN LOS LUNAS NM
CONTROL:
Exclusive
VALUE:
$3,000,000
LOAN:
$1,790,000
EQUITY:
$1,210,000
TYPE:
Mobile Home/RV
HAVE:
Mobile Home Park and Storage in Los Lunas NM. 197 Storage Units and 17 MHP Lots.
ADDRESS:
3149 Hwy 47, Los Lunas, New Mexico
BENEFITS TO NEW OWNER:
Income, Appreciation, Depreciation, Amortization. Value Add.
GROSS SCHEDULED INCOME:
$306,195 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$306,195
EXPENSES:
$108,407
NOI:
$197,788
DEBT SERVICE:
$0
CASH FLOW:
$197,788
CAP RATE:
6.59%
ENCUMBRANCE
BALANCE
PAYMENT
RATE
DUE
ASSUMABLE
LOAN 1
$12,480
$0
7%
02/01/2030
No
BENEFITS SOUGHT:
Out of title. Income properties or opportunities in Colorado.
CAN ADD:
6 Unit Retail Strip Center in Los Lunas NM and Zia RV Park in Moriarty NM.
REMARKS:
These long-term, very capable clients are looking to move their equity closer to home in Elizabeth, CO.
COUNSELOR:
Blake Allen
Allen Realty
108 Canon Ave
Manitou Springs, Colorado, 80829
