Property Details

TITLE:
906 Schools of Mines Road
CONTROL:
Exclusive
VALUE:
$1,150,000
LOAN:
$0
EQUITY:
$1,150,000
TYPE:
Multi-Family
HAVE:
15 one and two bedroom apartments in Socorro NM
WEBSITE URL:
ADDRESS:
906 Schools of Mines Road, Socorro, New Mexico
BENEFITS TO NEW OWNER:
Rental Market in Socorro NM is in high demand
GROSS SCHEDULED INCOME:
$108,000 Actual
VACANCY LOSS:
$1,080
GROSS EFFECTIVE INCOME:
$106,920
EXPENSES:
$26,609
NOI:
$80,311
DEBT SERVICE:
$0
CASH FLOW:
$80,311
CAP RATE:
6.98%
COUNSELOR:
Laura Tacker
Southwest Realty
8100 Wyoming NE #414-M4
Albuquerque, New Mexico, 87113
Phone: 505-480-4848