This investment property is currently leased in first year of five year lease, with a five year option and escalation clause. See associated docs for lease details. This very well maintained property consists of two buildings (parts store and warehouse with 800 sq ft mezzanine). Central location, long term lease. Bring all investors. Approximately 8.5% cap rate before escalation.
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- Property SubType Other
River front property! Relax and enjoy the view of the Pecos River from your beautiful, spacious covered patio! This beautiful 4 bedroom home is light and bright with a formal living room, remodeled kitchen with island, custom light fixtures, formal dining room, 2 1/2 bathrooms, breakfast area off...
MLS ID 20171754
Listing Agent: Bob Yeager
Courtesy of: CENTURY 21 Associated Professionals, Inc.
Office Phone: 5758859722
Updated: 12th December, 2017 2:51 PM.
405 & 409 S Canyon Carlsbad, NM