Hi Mesa Estates is amulti-family property for lease in Los Lunas, NM.
Seller will trade for improved property; will consider industrial, NNN leased retail or single family
Offering includes 76 lots; 27 RECs, 8 rental lots, and 41 vacant lots.
NOI is calculated on 35 income producing lots. Potential upside with 41 vacant lots as additional income source. On average each vacant lot has the potential of adding $2,000+ interest annual income. Seller financing available for qualified buyers.
All lots contain electric power, telephone, gas, and on-site liquid waste systems.
All lots in the subdivision are served by community water system operated by the developer for the benefit of the Hi Mesa Owner Association.