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1495 Frontage Road

Socorro, NM 87801
  • $1,200,000
  • STATUS: Active
  • ON SITE: 138 Days
  • MLS #: 1038218
UPDATED: 2 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.

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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 Sandi Pressley Team | Coldwell Banker Legacy. Data last updated: 2023-12-05T07:05:08.02.
www.sandisells.com/homes/141620044
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1495 Frontage Road Socorro, NM 87801

  • Price: $1,200,000
  • Status: Active
  • On Site: 138 Days
  • Updated: 2 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 Frame Stucco Fencing Yard Fenced Parking Total 0 Road Frontage Type Other Stories Total 1

Interior Features

Cooling Central Air Evaporative Cooling Cooling YN Yes Heating Propane Pellet Stove Heating YN Yes

Property Features

Accessibility Features Wheelchair Access Building Area Total 2446 Building Features Storage Community Features Fenced Yard Gross Income 355626.89 Land Lease YN No Leasable Area 100 Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional Owner May Carry Operating Expense 284581 Property Sub Type Mixed Use Tax Annual Amount 0 Tenant Pays None Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected 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 Sandi Pressley Team | Coldwell Banker Legacy. Data last updated: 2023-12-05T07:05:08.02.
 
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Sandi Pressley Team | Coldwell Banker Legacy
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Alburquerque NM, 87111