700 E First St , #0

    Alamogordo, NM 88310
    • $1,900,000
    • STATUS: Active
    • ON SITE: 15 days
    • MLS #: 159868
    UPDATED: 67 min ago
    $1,900,000
    • 0
      BEDS
    • 12.84
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1968

    School Ratings & Info

    Description

    This is an excellent investment opportunity. Over 155,000 square feet of building space that is leasable. 53 units and 12.84 acres on 1st street next to Wal-Mart. The gross cap rate is over 20 percent and the net cap rate is 11 percent with room for growth. Call today!

    Monthly Payment Calculator





    The information relating to real estate for sale on this Internet site comes in part from the Internet Data Exchange (IDX) program of the Otero County Association of REALTORS Multiple Listing Service (MLS), Alamogordo, New Mexico. Real Estate listings held by other IDX Participants are marked with the IDX Logo, Listing Brokerage Name and telephone number. All information is deemed reliable but is not guaranteed by the MLS. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
    www.wesellotero.com/homes/90578591

    700 E First St , #0 Alamogordo, NM 88310

    • Price: $1,900,000
    • Status: Active
    • Updated: 67 min ago
    • MLS #: 159868
    0
    Beds
    0
    Baths
    0
    ½ Baths
    12.84
    Acres
    1968
    Built
    Neighborhood:
    07 States S Of 8th
    Area:
    07 States S Of 8th
    Property Description
    This is an excellent investment opportunity. Over 155,000 square feet of building space that is leasable. 53 units and 12.84 acres on 1st street next to Wal-Mart. The gross cap rate is over 20 percent and the net cap rate is 11 percent with room for growth. Call today!
    Property Features

    Approx Sq Ft Source Assessor Approx Year Built Source Assessor Business Name Granada Shopping Center Financing Offered ConventionalCash Flood Zone U Gross Income 33135 Leases In Effect Yes Lot Or Unit 2-4 Office Or Unit 10+ Property Taxes 21275 Sale Rent For Sale Type Commercial/Other Zoning Commercial





    The information relating to real estate for sale on this Internet site comes in part from the Internet Data Exchange (IDX) program of the Otero County Association of REALTORS Multiple Listing Service (MLS), Alamogordo, New Mexico. Real Estate listings held by other IDX Participants are marked with the IDX Logo, Listing Brokerage Name and telephone number. All information is deemed reliable but is not guaranteed by the MLS. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
     
    Assist-2-Sell Buyers and Sellers Preferred Realty
    818 N. White Sands Blvd
    Alamogordo NM, 88310