112 McArthur Street, Grants, NM 87020

$449,000
Property Type: Commercial Sale Square Footage: 9,000 Lot Size (sq. ft.): 36,590 Status: Closed
Current Price: $449,000 List Date: 5/31/2019 Last Modified: 11/22/2019

Description

Great income property at a great price! This property enjoys international tourism to it's Elvis room. Plenty of semi-truck parking, breakfast and other amenities with a generous 14.2% cap rate.

More Information MLS# 945730

Status Change Info

Pending Date: 2019-07-29 Closing Date: 2019-11-21

Contract Information

List Price: $449,000 Current Price: $449,000 List Price/SqFt: 49.89 Status: Closed

Location

Street #: 112 Street Name: McArthur St Suffix: Street County: Cibola City/Town Code: Grants State/Province: NM Zip Code: 87020 Directions: From I-40 Exit 85 towards Grants merging onto old Route 66 (Hwy 117) for 1.6 miles, turn right on McArthur. The property is on the left. Geo Lat: 35.145896 Geo Lon: -107.838641 MLS Area Major: 390 - Cibola Zone Atlas: NOZA

General Property Description

Property Sub-Type: Motel Apx Structured SqFt: 9000 SqFt Source: Floorplan Acres: 0.84 Lot SqFt: 36590 Apx Lot Dim Front: 150 Apx Lot Dim Side: 250 Lot Description: Rectangular Lot Size Source: Plat Total # Stories: 1 # Parking Spaces: 35 Docks: No Disability Access: Unknown HVAC: Yes % Occupied: 51 Transaction Type: Business Included

Income Expenses

Annual Gross Income: 157462

Miscellaneous

Land Ownership: Land Owned

Sales Info

Trade/Xch Considered: No

Property Features

Location: Corner Lot; Freestanding; Corner Lot; Freestanding Construction Materials: Brick; Stucco Property Access: E Property Line Utilities: Electricity Connected; Phone Connected; Sewer Connected; Water Connected Heating: 2+ Units Cooling: Multi Units Tenant Pays: None Features: Storage Lease Information: Call List Office Parking: Guest Parking; Onsite Finance Considered: Cash Zoning: C-1
Listing Office: EXP Realty LLC
Last Updated: November - 22 - 2019
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