rent to own home - Albuquerque, NM - a commercial property

True NNN Lease. 100% pass through to tenantSadie's franchisee of a restaurant that has been around for more than50yrsLocated in the old Hotl Circle developmentLocated directly in front of the new ABQ Encore apartment complex(60 units plus, 70 corporate units)Interstate 40 frontage with large monument signNOI $76,539.70 (plus percentage rent)4 yrs remaining on lease plus option periodsEubank 35,720 VPDInterstate 40 101,100 VPDThis Albuquerque, NM rent to own home is a commercial property with , beds and baths. To learn more about this rent to own home or other rent to own homes, make sure to click on the tabs above.

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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Property Info
Property ID209419777
CountyBernalillo
Living Area (sqft)6,226
Property TypeCommercial

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