1408 Main Street

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1408 Main Street

Lordsburg, NM 88045
Asking Price
$975K
Asset Type
Hotel Hospitality
Class
Class B

What's Special

<ul><li>​<span style="color: rgba(29, 31, 37, 1)">Listed at less than 2.5x GRRM</span></li><li>​<span style="color: rgba(29, 31, 37, 1)">Tremendous upside to increase income and reduce expenses with on-site owner-operator</span></li><li>​<span style="color: rgba(29, 31, 37, 1)">Financing available to qualified buyers</span></li><li>​<span style="color: rgba(29, 31, 37, 1)">Large managers quarters on-site</span></li><li>​<span style="color: rgba(29, 31, 37, 1)">Large lot for truck parking</span><

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NOI
$80,000
Cap Rate
8.21%
DSCR
1.38
Strong
Cash-on-Cash
7.56%
Monthly Payment
$4,823.768
Annual Cash Flow
$22,114.784

Location & Travel Times