20
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Listed by Coldwell Banker Legacy
$825,000
Est. payment /mo
2.98 Acres Lot
Active
401-413 Eastwood LOOP Socorro, NM 87801
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Key Details
Property Type Mobile Home
Sub Type Mobile Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1100886
HOA Y/N No
Annual Tax Amount $3,600
Lot Size 2.980 Acres
Acres 2.98
Lot Dimensions Other
Property Sub-Type Mobile Home
Property Description
Discover a ''park-like'' investment opportunity in a quiet, high-demand area. This well-established community is shaded by majestic Cottonwood trees and features expansive grass open spaces, offering a tranquil environment that ensures long-term tenant retention.Diverse Income Stream: 13 total units, including 1 site-built residential home and 4 park-owned mobile homes (POHs) providing immediate cash flow.Expansion Ready: Value-add potential with space and layout for 5 additional units, allowing for a significant increase in Net Operating Income (NOI).Premium Amenities: Includes a Large Red Barn Storage Unit, perfect for on-site maintenance, owner storage, or as a secondary revenue stream through tenant rentals.
Location
State NM
County Socorro
Area 620 - North Socorro
Interior
Heating Other
Cooling Window Unit(s)
Fireplace No
Exterior
Parking Features On Site
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Available
Accessibility None
Total Parking Spaces 26
Building
Story 1
Others
Tax ID R003137
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations
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