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Property profile & analytics

10 Ranger Sta Rd Mountainair, NM 87036

  • Residential income homes
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • Residential income homes

Property Details for 10 Ranger Sta Rd

Property type
Residential income homes

Description

This exceptional investment opportunity presents a 10-acre lot in Mountainair, New Mexico, featuring a single-family rental property. Located at 10 Ranger Station Rd, 87036, this Class C multifamily property is listed at $165,000. The property consists of one building with a single unit. While the condition of the existing structure is undetermined, the expansive 10-acre lot offers significant potential for future development or expansion. This is a unique opportunity for investors seeking a property with considerable land. The seller is open to financing options, offering a 7-year fixed-rate loan at 7% APR with a 40% down payment. The property's geographic coordinates are 34.5211836 latitude and -106.2547426 longitude, situated within Torrance County. This presents a compelling investment prospect in a growing area, ideal for those seeking a hands-on project with substantial upside potential. The property's current cap rate is listed as 0.00%, however, this is subject to change based on future development and rental income. Serious inquiries are encouraged to explore this unique opportunity further. The property is zoned for multifamily use.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
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Location Insight

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City
Mountainair
County
Torrance
State
New Mexico
Longitude
-106.255
Latitude
34.5212
More about this property
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