Residential Land for Sale in Socorro, New Mexico
401-413 Eastwood Loop, Socorro, NM 87801
Discover a ''park-like'' investment opportunity in a quiet, high-demand area. This well-established community is shaded by majestic Cottonwood trees and features expansive grass open spaces, offering a tranquil environment that ensures long-term tenant retention.Diverse Income Stream: 13 total units, including 1 site-built residential home and 4 park-owned mobile homes (POHs) providing immediate cash flow.Expansion Ready: Value-add potential with space and layout for 5 additional units, allowing for a significant increase in Net Operating Income (NOI).Premium Amenities: Includes a Large Red Barn Storage Unit, perfect for on-site maintenance, owner storage, or as a secondary revenue stream through tenant rentals.
Location
- Street address
- 401-413 Eastwood Loop
- County
- Socorro County
- Community
- North Socorro
- Elevation
- 4,594 feet
Directions
Take I25 Heading Ssouth to Socorro, 1st exit to Socorro, turn left at 1st traffic light over the bridge to frontage road to the property.
Property details
- Acreage
- 2.46 acres
- Zoning
- R-4
- MLS #
- SWMLS 1100886
- Posted
Property taxes
- Recent
- $3,600
Parcels
- R003137
Details and features
Listing
- Type
- Residential
- Franchise
- Coldwell Banker Real Estate
Exterior
- Parking Spaces
- 26
Structure
- Stories
- 1
- Cooling
- Window Unit(s)
- Materials
- Frame
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 1, 2026 | New listing | $825,000 | — | SWMLS |