TITLE:
Yah Ta Hey Land
CONTROL:
Partner
VALUE:
$3,380,000
LOAN:
$0
EQUITY:
$3,380,000
TYPE:
Land
HAVE:
This 65-acre property at Highway 491 and Highway 264 in Yah Ta Hey, New Mexico, offers a compelling opportunity for housing development. The property includes more than 300 feet of Highway 264 frontage and, a guaranteed water of 50,000 GPD
ADDRESS:
Yah Ta Hey New Mexico, Yah Ta Hey, New Mexico
BENEFITS TO NEW OWNER:
We are seeking a buyer or development partner who sees a clear path to turning this land into income, with strong upside through future housing development. At approximately $1.19 per square foot for the land.
OTHER FILES:
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$364
NOI:
$-364
DEBT SERVICE:
$0
CASH FLOW:
$-364
CAP RATE:
0.00%
BENEFITS SOUGHT:
Path to cash
CAN ADD:
The owner will consider trades involving other land or single-family homes in Albuquerque or Santa Fe, with flexibility to add up to $1 million in additional trade value and a loan of up to $2 million as part of the transaction.
REMARKS:
The timing is right on this project.
COUNSELOR:
Gary Bernier
Vista Real Estate Solutions
PO Box 37376
Albuquerque, New Mexico, 87176
