Solid investment opportunity of a NNN leased 62 bed Nursing Home, leased till June 30 2025 with a 6% rent increase every three years. A sound 10 year investment for someone desiring a stable cash flow. Sales Info: ■ Cap rate: 8.5% ■ Commision split: 2.0% ■ NOI: $381,138 Location Description: Located in the SW quadrant of Albuquerque, New Mexico, this investment property is set in a city as rich in its history and culture as its scenic backdrop. Experience the virtually year-round sunshine, the awe-inspiring Sandia Mountains to the East, and the Rio Grande gracefully flowing through the city. Highlights: ■ New HVAC System ■ New 60 kW Generator ■ New Silicone Coating on Roof with a 10 year warranty ■ New Fire Protection System ■ New Call Light System ■ New Sidewalk ■ Asphalt in Good Repair « show less
Solid investment opportunity of a NNN leased 62 bed Nursing Home, leased till June 30 2025 with a 6% rent increase every three years. A sound... show more »
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