Alan & Anne Vorenberg
4 Banana Lane
$2,300,000
- 5 beds
- 4 baths
- 2,309 sqft
FIRST RIGHT OF REFUSAL (TENANT ON SITE) 11.4% CAP Rate with the potential to increase upon future lease of 4th rental units onsite.(3 of 4…
Key Features
MLS: 202402097
List Date: 06-26-2024
Status: Active
Area: Pojoaque Valley
Type: Single Family Residence
Bedrooms: 5
Full Baths: 4
Garage: 2
Acres: 2.45
Total Sqft: 2,309
Presented By

FIRST RIGHT OF REFUSAL (TENANT ON SITE) 11.4% CAP Rate with the potential to increase upon future lease of 4th rental units onsite.(3 of 4 units rented) The tenant lease has annual rent escalations in place. The business is NOT FOR SALE. This is a Real Estate ONLY Offer. This offering includes a well known restaurant with ample indoor and outdoor seating, patio seating with impressive Sangre de Cristo mountain views, as well as 4 residential rental units all on approximately 2.45 acres. The property has 122 parking spots with easy access to Hwy 84/285 in between the Santa Fe/Los Alamos and Espanola corridor with plenty of street frontage.
Additional Features
Garage Spaces:2
Parking Features:Carport
Parking Spaces:15
Utilities:Electricity Available
Interior Features:Interior Steps
Heating:Forced Air
Construction Materials:Frame
Roof:Foam
Horses Allowed:Yes
Water Source:Shared Well
Sewage:Septic Tank
About the Neighborhood
Schools
Elementary School: Pojoaque
Junior High School: Pojoaque Jr High
High School: Pojoaque High School
Listing Brokerage

Marion Tray Rankin
Sotheby’s Int. RE/Washington