Come by and see this 2002 manufactured home with a expansive addition on 2.48 acres. It features a 2 car garage and 1.5 car carport.
13.848 ac Vacant Land, mostly level. Great access off of Gravel Pit Road.Property is on the corner of Gravel Pit Rd and Hwy 54.
Beautiful home over 1800 sq ft on a corner lot! Featuring 2 spacious bedrooms, 2 bathrooms, and a convenient 1-car garage. Enjoy two comfortable living areas perfect for family or entertaining. Make this home your own by adding your personal touches! Ideally located close to White Sands, offering neighborhood charm and easy access to amenities. Don't miss this fantastic opportunity to create your dream space in a desirable location. Schedule a showing today!
Incredible GROWING investment opportunity in the heart of La Luz, New Mexico! This property offers an approximate cap rate over 7% and features 29 total spaces with existing meter infrastructure. Currently, 20 spaces are occupied by manufactured homes all separately metered with 11 of those homes already rehabbed, providing immediate income with additional upside. The property is also being improved monthly, with the current owner rehabbing one home every 30 days, increasing gross annual income by over $7,000 every 30 days. Situated on 3.46 acres, tenants enjoy a comfortable setting with convenient access to nearby Alamogordo's schools, shopping, and amenities, while still benefiting from the quiet charm of La Luz. With flexible management potential and room for future improvements, this
This property is just a few hundred yards from NASA's NM Museum of Space History. Opportunity to develop into a subdivision, retirement community, or as a solar field. The views from this property are breathtaking.
This is an outstanding 4.84 acre lot surrounded by high-end custom homes, it is adjacent to the Tierra de Suenos Subdivision, and yet it is still very private with great mountain views. Build your dream home or develop the property for your needs. Joint ventures are possible, land lease, replats, use your imagination. This is nearly 5 acres with utilities on three different sides. All information is subject to buyer due diligence.
This is a well-located 32+ acre property where much development is occurring. It is priced well and it is very difficult to find such a large parcel in town. Too big for you? Purchase a portion of it. Joint ventures, owner financing, replats, and more is possible. Use your imagination. The zoning map says R1 but the taxes seem to indicate commercial. Come with your plan and let's pass it by planning and zoning. You can also hold for future investments because taxes are low. Buyer due diligence recommended.
Daria Derebera
Real Estate Broker in Albuquerque, NM
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