Rental Business for Sale
Investment property in Fort Sumner, NM
877 Ranchero Rd
1840 sq ft +- 3 Bedroom 1 bath with living room and den. Has metal roof, Carport and storage building with extra lot included in back yard with chain length fence. Best neighborhood in town. Taxes $675 and insurance $412 per year. Rents for $500 per month and has occupancy rates of 100% for 2010, 2011, 2012 $85,000
217 Ave B
1100 sq ft +- 2 bedroom 1 bath house with large living area. House has new metal roof and comes with a small garage (200 sq ft) and 2 small storage sheds and a small extra lot. Close to downtown, 1 block to Grocery store, and 2 blocks to Post office and bank. Taxes $220 and insurance $303 per year. Rents for $315 per month and has occupancy rates of 100% in 2010, 75% in 2011 (due to remodeling after long term tenant including carpet and vinyl), and 88% in 2012. $30,000
485 Lake Ave
12...
1200 sq ft +- 3 bedroom 1 bath house with metal roof and carport. Chain length back yare fence across the street from school. Floating floor foundation cracked.
Taxes $223 and insurance $415 per year. Rents for $350 per month and has occupancy rates of 75% in 2010, 85% in 2011, and 100% in 2012 $30,000
1261 N. 9th Hill
1300 sq ft +- 2/3 bedroom 1 bath house with 400 sq ft garage and 1050 metal shop attached. Chain length fenced extra lot along with metal fenced back yard. Taxes $237 and insurance $576 per year. Rents for $300 and has occupancy rates of 100% for 2010, 2011, and 2012. $30,000
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Research Parcel InformationFort Sumner, NM
877 Ranchero Rd
217 Ave B
485 Lake Ave
1261 N. 9th Hill