Homes by Carolyn Fischman

807 Highway 85 South, Socorro, NM 87801 (MLS# 757532)

807 Highway 85 South, Socorro, NM 87801

$1,200,000
Property Type: Commercial Sale Square Footage: 31,612 Lot Size (sq. ft.): 87,120 Status: Closed
Current Price: $1,200,000 List Date: 4/22/2013 Last Modified: 8/09/2017

Overview

Description

Vacant motel building property in good condition.Just closed Franchise 4-20-2013.

Listing Details MLS# 757532

Status Change Info

Pending Date
2013-08-07
Closing Date
2013-11-12

Contract Information

List Price/SqFt
37.96

Location

Street #
807
Street Name
Highway 85 South
County
Socorro
City/Town Code
Socorro
State/Province
NM
Zip Code
87801
Directions
I 25 to Exit 147 off ramp back north to property on left.
MLS Area Major
621 - South Socorro
Zone Atlas
NOZA
Highway Frontage
Yes

General Property Description

Property Sub-Type
Hotel/Motel
Living Area
31612
SqFt Source
Professional
Acres
2
Apx Lot Dim Front
271.70
Apx Lot Dim Side
364.40
Lot Description
level
Lot Size Source
Survey
Total # Stories
2
# Parking Spaces
133
Docks
No
Door Height
8.00
Disability Access
Yes
HVAC
Yes
Transaction Type
Sale
Lot SqFt
0
# of Docks
0
% Occupied
0

Income Expenses

Annual Gross Income
Yes

Miscellaneous

Land Ownership
Land Owned

More Information

Sales Info

Trade/Xch Considered
No

Zoning

Zoning Verified
Yes
C-2
Yes

Tax & Legal Info

UPC Code
10069026801
Short Legal Desc
Richardson Development Company Tr. 6
GRT Code
25-125
Tax Exemption
No
Tax Annual Amount
19700

Construction Materials

Frame
Yes
Stucco
Yes

Cooling

Refrigerated
Yes

Heating

Central
Yes
Forced Air
Yes
Gas
Yes

Income & Expenses

Annual Oper Expenses
28180
Annual Insurance
8480
Annual Utilities
0
Annual Bldg Maint
0
Annual Mgmt Expense
0
Lease Term/Months
10

Utilities

All City
Yes

Features

3 Phase
Yes

Road Surface Type

Paved
Yes

Lease Information

Other - See Remarks
Yes

Parking

Guest Parking
Yes
On Site
Yes

Docs/Data Available

Deed
Yes
Disclosure Statement
Yes
Plat Map
Yes

Finance Considered

Cash
Yes
Conventional
Yes

Property Features

Location: Highway Frontage; Highway Frontage Construction Materials: Frame; Stucco Road Surface Type: Paved Utilities: All City Heating: Central; Forced Air; Gas Cooling: Refrigerated Features: 3 Phase Lease Information: Other - See Remarks Parking: Guest Parking; On Site Finance Considered: Cash; Conventional Zoning: C-2
Listing Office: Coldwell Banker Legacy
Last Updated: August - 09 - 2017
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

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