TITLE:
6 UNIT RETAIL CENTER LOS LUNAS NM
CONTROL:
Exclusive
VALUE:
$1,310,000
LOAN:
$525,000
EQUITY:
$785,000
TYPE:
Retail/Commercial
HAVE:
6 Unit Retail Stripcenter with one vacancy in Los Lunas, NM.
ADDRESS:
959 Hwy 314, Los Lunas, New Mexico
BENEFITS TO NEW OWNER:
$20K could be generated from current vacancy.
GROSS SCHEDULED INCOME:
$107,254 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$107,254
EXPENSES:
$22,760
NOI:
$84,494
DEBT SERVICE:
$0
CASH FLOW:
$84,494
CAP RATE:
6.45%
ENCUMBRANCE
BALANCE
PAYMENT
RATE
DUE
ASSUMABLE
LOAN 1
$3,768
$0
4%
10/01/2028
No
BENEFITS SOUGHT:
Out of title. Income properties or opportunities in Colorado.
CAN ADD:
Mobile Home Park + Storage 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
