1399 Weimer Road

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1399 Weimer Road

Taos, NM 87571
Asking Price
$1.92M
Cap Rate
7.5%
Asset Type
Medical Office Office
Class
Class B

What's Special

Taos Medical Professional Office Building <ul><li>​Stabilized medical office building</li><li>​Six (6) suites ranging from ±6,055 SF to ±528 SF</li><li>​Adjacent to Holy Cross Medical Center (main hospital in Taos)</li><li>​Ample parking — 4.47 spaces : 1,000 SF</li><li>​Full service leases</li><li>​Primary use as office/medical</li><li>​Current tenants include Taos Medical Group, Taos Surgical Specialties, Taos Cardiology, Mark Niemiec DDS, Foot & Ankle, and RenewYou</li></ul>

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NOI
$80,000
Cap Rate
4.16%
DSCR
0.70
Underwater
Cash-on-Cash
-5.93%
Monthly Payment
$9,520.683
Annual Cash Flow
$-34,248.2

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