309 W Rose Street

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309 W Rose Street

Carlsbad, NM 88220
Asking Price
$245K
Asset Type
Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Mixed-use property containing 1,456 square feet of space.
  • The asset is available for purchase at $245,000.
  • Located in Carlsbad, New Mexico, within the Permian Basin.
  • Situated at the coordinates of 32.3849, -104.2276.
  • Positioned within an active regional energy and industrial hub.

What's Special

Carlsbad serves as a central hub for the energy and potash industries within the Permian Basin, supporting a resilient local economy in Southeastern New Mexico. This 1,456-square-foot mixed-use property at 309 W Rose Street offers a functional footprint well-suited for diverse commercial or residential applications. The location provides proximity to the core business activities that drive the region, positioning the asset for investors or owner-users looking to establish a foothold in a steady market. The property allows for flexible use cases, potentially serving as a combination of office, retail, or living quarters depending on municipal requirements and individual investment goals. With its practical layout and strategic placement, this offering represents a clear opportunity for those seeking to capitalize on the character of the Carlsbad business community. The site benefits from the underlying economic momentum of the area, making it a viable addition to a local portfolio in a growing regional landscape.

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NOI
$80,000
Cap Rate
32.65%
DSCR
5.50
Strong
Cash-on-Cash
89.05%
Monthly Payment
$1,212.126
Annual Cash Flow
$65,454.484

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