508 3Rd St Tucumcari, NM 88401

This exceptional investment opportunity presents a substantial multifamily property located at 508 S 3rd St, Tucumcari, NM 88401, in Quay County. The property, built in 1970, is a single-story Class D apartment building situated on a spacious 14,500 square foot lot. The main structure boasts 3,800 square feet of living space, encompassing eight bedrooms and four bathrooms, along with two distinct living areas. Adding to its appeal is a separate, attached guest house containing two bedrooms, one bathroom, and its own kitchen. This unique configuration offers significant rental income potential. The asking price for this one-unit apartment building is $850,000, representing a compelling price per unit. The property's APN is 117906404909700. This property is ideal for investors seeking a strong return on investment in a desirable location. The substantial size and versatile layout provide ample opportunity for maximizing rental income and creating a profitable venture. The property's location in Tucumcari, New Mexico, offers a stable market for rental properties. This is a rare opportunity to acquire a substantial multifamily property with significant upside potential.