$1,600 / month
2-Bedroom House for Rent in Albuquerque, NM | 720 Woodland Ave NW
Albuquerque, New Mexico
Soft OfferMotel for Sale in Grants New Mexico 87020
112 Mcarthur Street, Grants, New Mexico 87020
$629,800
$70 / sq ft Listed Dec 11, 2024
9,000 sqft
Building
34,500 sqft
Lot
50
Parking
About this property
Motel for Sale in Grants New Mexico 87020 is a lodging and hospitality for sale in Grants, New Mexico, listed at $629,800. Key details: building size 9,000 sqft, lot size 34,500 sqft, parking spaces 50, heating & cooling Heating and Cooling. Listed by Coralee Quintana of Exp Realty on LoopingCloud and last updated December 11, 2024.
Directions: From I-40 westbound,take exit 85 toward Grants,keep right at the fork,merge onto Santa Fe Ave,turn R onto McArthur St,destination will be on your left-hand side.
Key highlights
- Disclosures Ranm2100Disclosure
- Tax Annual Amount 5021.12
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Building Size
- 9,000 sqft
- Lot Size
- 34,500 sqft
- Parking Spaces
- 50
- Heating & Cooling
- Heating and Cooling
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
$70
Price per sq ft
Actual - Cash Flow
Source: Yearly tax returns
Gross incomeNet operating income
| Year | Gross income | Effective gross | Expenses | NOI | Pre-tax cash flow | Cap rate |
|---|---|---|---|---|---|---|
| 2024 | $220,000 | - | $114,000 | - | - | - |
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $629,800 | - | - | - | - |
Features and amenities
Property Features
- ModificationTimestamp: 2024-09-30T17:01:21.110-00:00
- Disclosures: Ranm2100Disclosure
- Tax Annual Amount: 5021.12
Utilities
- CableAvailable,ElectricityAvailable,SewerAvailable,WaterAvailable
Location
Address as shown by the lister.
Get directionsAbout this area - Grants
- Population
- 14,058
- Housing units
- 5,718
- Land area
- 858.0 sq mi
- County
- Cibola
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Property documents
1 file to downloadFrequently asked questions
What is the asking price of Motel for Sale in Grants New Mexico 87020?
Motel for Sale in Grants New Mexico 87020 is listed at $629,800. That works out to about $70 per square foot.
Where is Motel for Sale in Grants New Mexico 87020 located?
The property is in 112 Mcarthur Street, Grants, New Mexico 87020, Cibola County.
What type of property is this?
This is a lodging and hospitality for sale in the commercial category.
How big is the property?
The building is 9,000 sqft. The lot is 34,500 sqft.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Coralee Quintana of Exp Realty listed this property. Use the Request Info button to send a message or call (505) 639-1266.
When was this listing published?
It was published on December 11, 2024 and last updated on December 11, 2024.
Listing information
- Listing ID
- CL-New Mexico-13150
- Published
- Dec 11, 2024
- Last updated
- Dec 11, 2024
- Views
- 253
Report a problem with this listing
Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.
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