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🏢 Just listed — School Mixed-use for sale in Alamogordo, NM.

📍 Indiana Ave, Alamogordo, NM
🏷  School Mixed-use · For Sale
💰 Contact for price

12,001 SqFt

<ul><li>Bldg located behind the main church</li><li>Historically used for education and classroom purposes</li><li>Requires Renovation and Remedation</li><li>Two Covered / Canopy- style structures</li><li>Formerly used as a children's playground</li></ul>

Full financials, photos, and broker contact:
https://commrty.com/property/new-mexico/alamogordo/first-baptist-church-education-annex-2468935-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=first-baptist-church-education-annex-2468935

#Alamogordo #Mixeduse #CommercialRealEstate #CRE #Investment

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Home/NM/Alamogordo

Indiana Ave

Alamogordo, NM 46204

Asking Price

Contact for price

Asset Type

School Mixed-use

Class

Class B

What's Special

12,001 SqFt <ul><li>Bldg located behind the main church</li><li>Historically used for education and classroom purposes</li><li>Requires Renovation and Remedation</li><li>Two Covered / Canopy- style structures</li><li>Formerly used as a children's playground</li></ul>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

8.00%

DSCR

1.35

Strong

Cash-on-Cash

6.88%

Monthly Payment

$4,947.454

Annual Cash Flow

$20,630.547

Location & Travel Times

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Listed by Owner · For Sale