Contact Us MoreMenu

405 - 409 S Canyon, Carlsbad, New Mexico

$575,0002 BathsActive

405 - 409 S Canyon, Carlsbad, New Mexico 88220
CENTURY 21 ASSOCIATED PROFESSIONALS - MLS® ID: 20174506

Property Details

405 - 409 S Canyon, Carlsbad, New Mexico 88220 - 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.

Amenities

  • Zip88220
  • CountyEddy
  • SQFT8823
  • Full baths2.00
  • StatusActive
  • Purchase TypeActive
  • Property typeCommercial
  • Zoning typecommercial
  • Year built1970
  • Lot size150 x 150
  • Parking24
  • Tax amount$5,725.50
  • Tax year2017
  • Office ID450
  • Agent nameBOB YEAGER
  • MLS® ID20174506

Broker: CENTURY 21 ASSOCIATED PROFESSIONALS

Listing Courtesy of CENTURY 21 ASSOCIATED PROFESSIONALS

Have Questions?

“United Realty is the leader in Real Estate Digital and Social Media Marketing for Hobbs, NM. Our 3D Virtual Tours are the first in our market to be offered to sellers and buyers. We are dedicated to serving your real estate needs from start to finish and we have 60+ years of combined experience in the Hobbs, NM market with helping our clients list, sell, and buy homes.”

Call us
Hobbs: (575) 392-3000 .:. Lovington: (575) 704-1277