Listed by Realty One of New Mexico
$29,000
Over 3/4 of an Acre for Sale in Rio Rancho!
Details
APN 1002068465060
Property Type Land, Mixed Use
Sub Type Agricultural, Hunting/Recreational
Square Footage 34,412
Net Rentable (SqFt) 34,412
Cap Rate 8.28%
NOI $2,400
Pro-Forma Cap Rate 13.79%
Pro-Forma NOI $4,000
Price per SqFt $1
Acreage 0.790
Zoning R-1
Investment Type Owner/User
Over 3/4 of an Acre for Sale! Manufactured Homes Welcome!
Marketing description
Over 3/4 of an acre for sale in the Rio Rancho Estates Subdivision! Manufactured Homes are welcome!! Enjoy the privacy and quiet with beautiful Sandia Mountain views, on this vacant lot located only 20 minutes outside of Rio Rancho. Schedule your showing and make this land yours today!
Investment highlights
Over 3/4 of an acre for sale in the Rio Rancho Estates Subdivision! Manufactured Homes are welcome!! Enjoy the privacy and quiet with beautiful Sandia Mountain views, on this vacant lot located only 20 minutes outside of Rio Rancho. Schedule your showing and make this land yours today!
Listing Contacts
Listed by Realty One of New Mexico
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$2,400.00
$200.00/mo
Valuation Metrics
0
DSCR
8.28%
Cap Rate
8.28%
ROI
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