• Year Built: 2007
502 Old Route 66, Moriarty, Nm 87035 is amulti-family property for lease in Moriarty, NM.
Route 66, Moriarty, NM 87035
3 Buildings Totaling 7,759 SF
Buildings A & B - 3,420 SF - 10 units circa 1970 (CMU block) updated in 2001
Building C - 4,339 SF - 10 units, con-structed in 2007 (frame stucco)
Existing on-site Manager
Master Metered-electric heating and cooling, gas for domestic hot water
According to Sperling’s Best Places, the residential vacancy rate in Moriarty is 1.2%
18.8% Cash on Cash
9.73% Cap Rate
BRING ALL OFFERS!!
Priced $155,000 Below Recent Appraisal
Sale is Contingent Upon Bankruptcy Court Approval