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    46-48A Road 2598 Aztec, NM 87410

    For Sale
    $260,000

    Six-unit income property, great potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a six-unit multifamily property located at 46-48A Road 2598, Aztec, NM 87410, in San Juan County. Priced at $260,000, this property offers significant income potential. Currently configured as a mobile home park, it features six individual spaces, each equipped with its own metered utilities and separate septic system. The spacious lots provide ample room for either mobile homes or RVs. Recent upgrades include newer utility poles. The property sits on a five-acre parcel and is fully fenced for enhanced security and privacy. The existing infrastructure and layout provide a solid foundation for continued income generation, making this an attractive investment for those seeking a property with immediate earning potential. The property's location in Aztec, New Mexico, offers access to local amenities and a growing community. This is a turnkey operation ready for an investor to step in and begin generating income. The property's size and features make it an ideal investment for both experienced and new investors looking for a strong return on investment. Don't miss this chance to acquire a well-maintained, income-producing property in a desirable location.

    Property Features for 46-48A Road 2598

    General Information

    Property type
    Multifamily properties

    Building Details

    Units
    6

    HighLights

    • $260,000 asking price.
    • Six‑unit multifamily apartment building (duplex/triplex/quadruplex).
    • Located in Aztec, NM, zip code 87410.
    • Six individual spaces available for mobile homes or RVs, each with separate utilities and septic.
    • Five‑acre, fully fenced parcel with newer utility poles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Aztec
    County
    San Juan
    State
    New Mexico
    Longitude
    -107.9706728
    Latitude
    36.7963871

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    FAQs

    What type of property is this?
    Multifamily property - Six-unit income property, great potential.
    Where is this multifamily property located?
    The property is located at 46-48A Road 2598 Aztec, NM.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: $260,000 asking price.; Six-unit multifamily apartment building (duplex/triplex/quadruplex).; Located in Aztec, NM, zip code 87410.
    Request Owner's contact information
    46-48A Road 2598 Aztec, NM 87410
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    Aztec, NM 87410
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    46-48A Road 2598 Aztec, NM 87410
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