806 Calle Mejia

$1,098,662 $1,250,000

1 of 8

806 Calle Mejia

$1,098,662 $1,250,000

  • 2000 sqft

Contact Presenting Broker

Bell Tower | KW

505.988.2428

Key Features

  • MLS: 201804527
  • Status: Active
  • Price: $1,098,662
  • Area: 2-SF City Limits NW
  • Type: Investment
  • Acres: 0.642
  • Total Sqft: 2,000

About this Property

Well-maintained income producing property. Seven (7) years remaining on primary terms of this NNN lease. Options to renew. Lease calls for annual increase of 2{6fdf47c4124da6f1aac9720bc8a1d47daddc5a8f3e10a6204e1d18b105739dc7}. CAP starts at 6.25{6fdf47c4124da6f1aac9720bc8a1d47daddc5a8f3e10a6204e1d18b105739dc7} and ends at 7.04{6fdf47c4124da6f1aac9720bc8a1d47daddc5a8f3e10a6204e1d18b105739dc7} in primary term of lease. May qualify for favorable pass-through tax treatment.

Additional Features

  • Type: Investment
  • Sewage: City
  • Gas: Natural
  • Days On Market: 83
  • Floor: Carpeting, Concrete Slab, Tile
  • Construction: Frame
  • Extras: Disabled Access, Fire Alarm, High Visibility, Kitchen Area, Overhead Doors, Paved, Restrooms, Security System, Water Heater

Neighborhoods

Santa Fe City Northwest

The northwest of Santa Fe within city limits includes one of the most affordable, family areas - Casa Solana. With beautiful mature trees, sidewalks and paved streets, Casa Solana has a real neighborhood atmosphere. Gonzales Elementary is within walking distance to all and the Casa Solana shopping area is a treat. The homes were built in the 1960's by developer Allen Stamm and all include vigas,

Schools

Listing Brokerage

IDX listing

Wm. David Dougherty

Dougherty Real Estate Co. LLC

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The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Bell Tower | Keller Williams are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.