1019 Broadway Blvd Bloomfield, NM 87413

Property Details for 1019 Broadway Blvd

Lot size

0.98 lot acres

Property type

Commercial real estate

Description

This exceptional investment opportunity encompasses five distinct, income-generating properties strategically located in the heart of Bloomfield, New Mexico, within the Four Corners region. The portfolio includes a thriving truck wash, a specialized de-mudding wash facility, two car washes, a substantial 108-unit mini-storage facility, a manufactured home, and a large shop. This rare offering presents a unique chance to acquire a diverse and established business portfolio in a single transaction. Each parcel is individually addressed, with locations including 1600 W Broadway, 1945 W Broadway, 101 Ruth, 1019 W Broadway, and 912 N 1st. While each parcel is separately deeded, the sale is contingent upon the purchase of all five. The properties sit on a combined 0.98 acres of land. Individual cap rates for each business vary, ranging from a strong 5.7% to an impressive 10.88%. The overall cap rate for the entire portfolio is calculated at 6.18%, offering a compelling return on investment. This is a turnkey opportunity for an investor seeking immediate cash flow and significant long-term growth potential in a dynamic market. The properties are being sold as a package deal, providing a consolidated and streamlined acquisition process. This is a rare chance to own a diverse and established business portfolio in a prime location. The asking price for the entire portfolio is $230,000.

Location Insight

City

Bloomfield

County

San Juan

State

New Mexico

Longitude

-107.991

Latitude

36.7112