Skip To Content

1495 Frontage Road

Socorro, NM 87801
  • $1,200,000
  • STATUS: Active
  • ON SITE: 67 Days
  • MLS #: 1038218
UPDATED: 62 min ago
$1,200,000
  • 0
    BEDS
  • 13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

13 Acres of MRGCD Water Rights. Seller currently uses the property for an unskilled Assisted Living Residential Care facility - This 4 bedroom house was converted into a 7 bed assisted living in 2018 with full fire suppression system, ramps, etc. The facility is fully operational. The sales price includes the business, the property, and water rights. Best uses for this property include hobby farm, Equine therapy, Equine hotel, 55+ permanent RV park, Vacation RV park, Assisted Living, mobile home park, self-storage, cannabis growing, and so much more. There's enough room on the property to have multiple revenue streams. The underlying loan is assumable and the seller is open to owner finance on the remaining balance.

Monthly Payment Calculator



IDX information © 2023 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Buchman Group | Keller Williams Realty. Data last updated: 2023-09-25T11:05:18.17.
www.mynmdreamhome.com/homes/141620044
Print Image

1495 Frontage Road Socorro, NM 87801

  • Price: $1,200,000
  • Status: Active
  • On Site: 67 Days
  • Updated: 62 min ago
  • MLS #: 1038218
0
Beds
0
Baths
0
½ Baths
13
Acres
Neighborhood:
620 - North Socorro
County:
Socorro
Area:
620 - North Socorro
Property Description
13 Acres of MRGCD Water Rights. Seller currently uses the property for an unskilled Assisted Living Residential Care facility - This 4 bedroom house was converted into a 7 bed assisted living in 2018 with full fire suppression system, ramps, etc. The facility is fully operational. The sales price includes the business, the property, and water rights. Best uses for this property include hobby farm, Equine therapy, Equine hotel, 55+ permanent RV park, Vacation RV park, Assisted Living, mobile home park, self-storage, cannabis growing, and so much more. There's enough room on the property to have multiple revenue streams. The underlying loan is assumable and the seller is open to owner finance on the remaining balance.
Exterior Features

Construction Materials FrameStucco Fencing Yardfenced Parking Total 0 Road Frontage Type Other Stories Total 1

Interior Features

Cooling CentralairEvaporativecooling Cooling YN Yes Heating PropanePelletstove Heating YN Yes

Property Features

Accessibility Features Wheelchairaccess Building Area Total 2446 Building Features Storage Community Features Fencedyard Gross Income 355626.89 Land Lease YN No Leasable Area 100 Lease Considered YN No Listing Agreement Exclusiverighttosell Listing Terms CashConventionalOwnermaycarry Operating Expense 284581 Property Sub Type Mixeduse Tax Annual Amount 0 Tenant Pays None Utilities ElectricityconnectedNaturalgasconnectedSewerconnectedWaterconnected Zoning Description Mu-A

Southwest MLS] logo Listing courtesy of Realty One Of New Mexico: (505) 883-9400. © 2023 Southwest Multiple Listing Service, Inc.


IDX information © 2023 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Buchman Group | Keller Williams Realty. Data last updated: 2023-09-25T11:05:18.17.
 
https://bt-photos.global.ssl.fastly.net/swmls/1280_boomver_1_1038218-2.jpg https://bt-photos.global.ssl.fastly.net/swmls/1280_boomver_1_1038218-2.jpg https://bt-photos.global.ssl.fastly.net/swmls/1280_boomver_1_1038218-2.jpg
Logo
The Buchman Group | Keller Williams Realty
6703 Academy Rd NE
Albuquerque NM, 87109