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
Listing Price: 449000
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
Area: 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
Tax & Legal Info
UPC Code: Not Available
Short Legal Desc: Call Listing broker
GRT Code: 33-227
Current Taxes: 5555.93
Tax Exemption: Unknown
Income & Expenses
Annual Oper Expenses: 93714
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: Masonry
Exterior Material: 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
Docs/Data Available: Disclosure Statement
Finance Considered: Cash
Zoning: C-1
Listing Office: EXP Realty LLC
Last Updated: November - 22 - 2019
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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