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Updated 7 days ago on .

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Turnkey Rental Property w/ Expansion Potential

Posted

I’m selling my cash-flowing 4.83-acre property in Socorro, NM (inside city limits) with infrastructure and zoning approval for 7 additional mobile homes.

🔹 What’s Included:

  • (1) 1BR/1BA single-family home (~900 sqft)
  • (1) 2BR/2BA mobile home (~950 sqft)
    → Both currently rented, bringing in $1,825/month total
    → City water, sewer, and gas in place for new units

🔹 Financials:

  • Asking $350,000
  • Annual taxes ≈ $1,500

📍 Located near NM Tech and downtown Socorro. Perfect for investors looking for plug-and-play income with infill potential. Great long-term hold or expansion project.

 DM me for more information - I am the owner