TITLE:
Rare Large Parcel of Land in Los Ranchos
CONTROL:
Exclusive
VALUE:
$4,100,000
LOAN:
$500,000
EQUITY:
$3,600,000
TYPE:
Development
HAVE:
4,500-square-foot SW Pueblo-style estate, located in the prestigious Los Ranchos area in Albuquerque's picturesque North Valley. This single-level home is a rare find, set on 3.6 beautifully landscaped acres with two additional parcels, offering endless p
ADDRESS:
8805 Rio Grande Blvd. NW, Los Ranchos De Albuquerque, New Mexico
BENEFITS TO NEW OWNER:
Could be an opportunity to develop and convert to smaller 1 acre parcels.
OTHER FILES:
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$0
NOI:
$0
DEBT SERVICE:
$0
CASH FLOW:
$0
CAP RATE:
0.00%
ENCUMBRANCE
BALANCE
PAYMENT
RATE
DUE
ASSUMABLE
LOAN 1
$500,000
$0
5%
12/31/1969
No
REMARKS:
The main home is dated and with investment into updates the value can be increased.
COUNSELOR:
Michael Schlichte
Absolute Real Estate
1100 Alameda Blvd. NW Ste.4
Albuquerque, , 87114
Phone: 5053186264
Email mike@my505home.com
