NM 88337,SAMS CT
NM 88337,SAMS CT
NM 88337,SAMS CT
NM 88337,SAMS CT
NM 88337,SAMS CT
NM 88337,SAMS CT
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Nysha-Lynn Livingston

Nysha-Lynn Livingston

MORE Realty

+1(505) 218-1851
Listed by Berkshire Hathaway NM Prop
$ 1,300,000
Est. payment | /mo

54 Beds

36 Baths

3.46 Acres Lot


Save
$ 1,300,000
Est. payment | /mo
Save

54 Beds

36 Baths

3.46 Acres Lot

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1092578

Bedrooms 54

Construction Status Resale

HOA Y/N No

Year Built 1950

Annual Tax Amount $1,000

Lot Size 3.460 Acres

Acres 3.46

Lot Dimensions Public Records

Property Sub-Type Other

Property Description

Incredible VALUE ADD Investment opportunity in the heart of La Luz, New Mexico! This one enjoys an approximate Cap Rate over 6%. This 20-space mobile home park sits on 3.46 acres, offering steady income potential and long-term growth. With ample space and infrastructure for 3-4 Additional Homes, the property provides tenants with a comfortable setting while giving an investor room to maximize returns. Located just minutes from Alamogordo, the park benefits from convenient access to schools, shopping, and local amenities, while still enjoying the quiet charm of La Luz. The 3.46-acre parcel allows for flexible management and potential future improvements. Whether you're looking to expand your investment portfolio or enter the manufactured housing market.

Location

State NM

County Otero

Area 550 - Otero

Interior

Heating Central, Forced Air

Cooling Evaporative Cooling

Flooring See Remarks

Fireplace No

Appliance Dishwasher, Free-Standing Electric Range, Refrigerator

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Available, Water Connected

Water Access Desc Community/Coop

Building

Story 1

Entry Level One

Water Community/ Coop

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 01O4056089021342

Acceptable Financing Cash, Conventional

Green/Energy Cert None

Listing Terms Cash, Conventional

Nysha-Lynn Livingston

+1(505) 218-1851

nyshasellsre@gmail.com

4499 B Corrales Rd, Corrales, NM

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