112 Camino de la Merced & 1018 Reed St., Taos, NM 87571

Commercial property for lease

  • Description
  • Absolute Investment Realty is pleased to present this rare opportunity to acquire a 32 unit, fully operating mobile home park in one of the most desirable trade areas in the southwestern, US. Located in the heart of Taos, NM, this cash-flowing investment opportunity is low maintenance with a long history of stable tenants. The property has minimal landlord responsibility, low maintenance costs and no amenities. The property also has value as a commercial site and could be redeveloped in the future: The land value alone is justified by the purchase price ($9.92/SF for 3.18 acres). As a fringe benefit, new owner can enjoy a vacation while visiting this asset: Taos is a world famous destination for tourists, artists, and celebrities and features some of the worlds best dining and sight-seeing. The buyer of this property has the opportunity to significantly increase NOI by billing back operating expenses. Building price details: $1,370,000.
  • Contact info
  • Alfredo Barrenechea
    Absolute Investment Realty
  • Note
  • Details Info about this row that located on 112 Camino de la Merced & 1018 Reed St., Taos, NM 87571 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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  • Property Details
  • Property Type: Commercial (Other)
    Status: Available
    Lot Size: 3.180 Acres
    Submarket: Mobile Home Park
    MSA: Taos
    Buildings: 1
    Terms: Cash to Seller, Other
    Added: 04/06/2018

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