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Capitan, NM 00000
Asking Price
$10.00M
Asset Type
Agricultural Land
Class
Class B
What's Special
Land | 763.4 acres <ul><li>763.4 ± acres of deeded mountain land</li><li>Approx. 1.5 miles of frontage on NM Highway 48 for outstanding access</li><li>Spring-fed fork of Magado Creek traverses the middle of the ranch</li><li>Elevations ranging from ±6,930 ft to ±7,220 ft</li><li>Electricity accessible along the eastern boundary (Highway 48) and onto the HQ along with natural gas</li><li>Rolling topography with diverse vegetation: Ponderosa Pine, Pinon, Juniper</li><li>Multiple elevated building sites with c
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NOI
$80,000
Cap Rate
0.80%
DSCR
0.13
Underwater
Cash-on-Cash
-17.12%
Monthly Payment
$49,474.544
Annual Cash Flow
$-513,694.526
