401-413 Eastwood Loop

Socorro, NM 87801
$825,000

About this property

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.

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Details

Price
$825,000
Square feet
700
Lot size
2.98 acres
Type
MobileHome
Heating
Other
Cooling
WindowUnits
MLS #
1100886

Listed by Kathleen P Griego, Coldwell Banker Legacy · (505) 828-1000. Data from the Southwest MLS, refreshed every 15 minutes.

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