1316-1320 Williams Avenue, Estancia, NM 87016
$275,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
20,473
Status:
Active
Current Price:
$275,000
List Date:
4/30/2024
Last Modified:
5/06/2024
Description
For Sale established mobile home park in Estancia NM. Located in the heart of Torrance County this income producing property has easy access to Hwy 41 and St Hwy 55. About an hours drive to Albuquerque and just over an hour to Santa Fe New Mexico. The property has spots for 5 manufactured single wide units. Currently 3 units are leased, one unit is under rehab and one is not in use. Great opportunity to provide a business for single family housing.The prior owner upgraded the property with a new roof on two of the units, hard surface flooring high traffic areas including kitchen and baths and updated electrical in both the rehab and one of the other units.
Supplements: Two of the three units that are finished are fully rented with current market rents, one unit is rented for an undermarket rent that could be upgraded. Two of the three units have stove, refrigerator and washer and dryer included. One unit the tenants brought their own appliances to place into the home. All units have central heating and evaporative cooling. Tenants pay gas and electric.
More Information MLS# 1061700
Contract Information
Listing Price: 275000
Current Price: $275,000
Status: Active
Location
Street #: 1316-1320
Street Name: Williams
St Suffix: Avenue
County: Torrance
City/Town Code: Estancia
State/Province: NM
Zip Code: 87016
Directions: From the junction of Hwy 41 (Fifth St.) and Williams travel west on Williams for approximately 3/4 of a mile. Property is on the south side of Williams at the junction of Williams and Walker St. No sign on the property.
Geo Lat: 34.758052
Geo Lon: -106.068449
Area: 292 - Estancia McIntosh
Zone Atlas: NOZA
General Property Description
Property Sub-Type: Mobile Home Park
Acres: 0.47
Lot SqFt: 20473
Apx Lot Dim Front: 185
Apx Lot Dim Side: 109
Lot Size Source: On-Line
Flood Zone: No Flood Map
# Parking Spaces: 10
Docks: No
Door Height: 7.5
Disability Access: Unknown
% Occupied: 60
Transaction Type: Sale
Tax & Legal Info
UPC Code: 1407650000000000000
Short Legal Desc: SUBD: ALTA VISTA LOT: 6-7 BLOCK: 39 ROMEROS MH PARK MBL HOME TITLE: 22327M095209857 SERIAL: 12530847 YEAR: 1998 MAKE: RE
GRT Code: 22-503
Current Taxes: 147.36
Tax Exemption: Unknown
Income & Expenses
Annual Oper Expenses: 150.62
Annual Gross Income: 2975
Lease Term/Months: 12
Miscellaneous
Land Ownership: Land Owned
Cooling
Centrally Ducted: Yes
Sales Info
Trade/Xch Considered: No
Property Features
Location: Corner Lot; Corner Lot
Miscellaneous: Financial Info
Construction: Frame
Exterior Material: Wood Siding
Property Access: N Property Line
Road Frontage Type: City Street
Road Surface Type: Paved
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Natural Gas
Cooling: Evaporative Cooling; Window Units(s)
Tenant Pays: Electric; Gas
Features: 220 Power
Lease Information: Assumable/Assignable; Other - See Remarks
Docs/Data Available: Deed; Disclosure Statement
Finance Considered: Cash; Conventional
Zoning: C-1
Lead Based Paint ›Listing Office: United Country Farm & Home
Last Updated: May - 06 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.