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936 West Joy Drive
Anthony, NM 88021
Asking Price
$1.20M
Asset Type
Agricultural Land
Class
Class B
What's Special
12 acres (3 parcels) <p><span style="color: rgba(0, 0, 0, 1)">Exceptional 12-acre property located in Anthony, NM, offering incredible flexibility and potential. The property consists of three separate tax ID parcels and may be purchased as a whole or divided into three tracts. The seller will also consider subdividing into 2-acre parcels, providing a range of development options. This unique property is ideal for creating a private family compound, featuring stunning mountain views and a peaceful rural setting.
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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657