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Commercial Property Details - MLS: 97628


32 Cuchilla Road
A home for sale in Taos, NM MLS#: 97628
Price: $275,000
Area: RANCHOS DE TAOS (36A)
Zoning:Rural Agricultural
Lease Type: Less than 1 Year
Frontage: County Road
Units: 8
Acreage: 2.99
Agent: Sanjay Poovadan
Office: The Lora Company Real Estate
Phone: 575-779-1021
Vista de Taos Mobile home park w/ 10 slots & magnificent views of the Taos Valley. Currently has 6 occupied slots with low turnover. Two adobe structures given no value but could be quickly and easily renovated and converted to rentals. Permitted septic and ONE well. Priced to sell based on current income and potential for improved income in this very tight rental market. Water line from El Valle and natural gas line from NM Gas are in Cuchilla road. Current lst price is under commercial appraisal price which shows a cap rate of +9%. This is an investment that is supported by current income as well as future growth.
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