Camino Cancun

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Camino Cancun

Los Lunas, NM 87031
Asking Price
$5.70M
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 308 acres <ul><li>​Project Type Land Investment Opportunity (International)</li><li>​Land Size 308 acres (125 hectares)</li><li>​Location 45 minutes from Cancun, Mexico</li><li>​Investment Price $5,700,000 USD</li><li>​Offer Status Open to Reasonable Offers</li><li>​Price per Acre ~$18,506</li><li>​Highway Access Federal highway (Merida-Cancun)</li><li>​Transportation Mayan Train route (under construction)</li><li>​Development Potential Residential, Tourist, Mixed-Use</li><li>​Unique Features Two recreati

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NOI
$80,000
Cap Rate
1.40%
DSCR
0.24
Underwater
Cash-on-Cash
-15.11%
Monthly Payment
$28,200.49
Annual Cash Flow
$-258,405.88

Location & Travel Times