Property Details

TITLE:
14 unit complex - 703 Bursum
CONTROL:
Exclusive
VALUE:
$1,080,000
LOAN:
$0
EQUITY:
$1,080,000
TYPE:
Multi-Family
HAVE:
15 units combo 1 bedroom and 2 bedroom
WEBSITE URL:
ADDRESS:
703 Bursum, Socorro, New Mexico
BENEFITS TO NEW OWNER:
14 units combo 1 bedroom and 2 bedrooms
GROSS SCHEDULED INCOME:
$94,800 Actual
VACANCY LOSS:
$1,500
GROSS EFFECTIVE INCOME:
$93,300
EXPENSES:
$16,010
NOI:
$77,290
DEBT SERVICE:
$0
CASH FLOW:
$77,290
CAP RATE:
7.16%
COUNSELOR:
Laura Tacker
Southwest Realty
8100 Wyoming NE #414-M4
Albuquerque, New Mexico, 87113
Phone: 505-480-4848