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Browse More Listings in Multifamily For Sale, Mesilla Park, NM or New Mexico

Multifamily Property For Sale

SUMMER WIND

4801 Main Street, Mesilla Park, NM 88047

Price:
$3,475,000
No. Spaces:
165
Price/Space:
$21,060.61
Property Type:
Multifamily
Property Sub-type:
Mobile Home/ RV Community
Property Use Type:
Investment
Cap Rate:
10%
Occupancy:
90%
Lot Size:
20 AC
Find Out More...

Last Verified 11/20/2009 Listing ID 15735810

Description

Pride of Income! OVER A 10 CAP ! OVER 16% RETURN !! This property is a cash cow owner will carry with an AITD in the amount of $2,600,000@ 6.99% for 6 years! This loan would be imposable to get today. Call for full package.

Misilla is a city next door to Las Cruces and is one of the 10 fastest growing Cities in the US. There is lot of growth currently but city needs more low cost housing !

Financial Summary

Actual
Net Operating Income
$345,000

Map of 4801 Main Street, Mesilla Park, NM 88047 (Dona Ana County)

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Presented by

Dunn Investments

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Contact Listing Broker

Brad Dunn (949) 448-8290

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Created 5/30/2008

Additional Information for 4801 S Main Street, Mesilla Park, NM 88047

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - SUMMER WIND

4801 Main Street, Mesilla Park, NM, 88047