401-413 Eastwood Loop, Socorro, NM 87801 (MLS# 1100886)

401-413 Eastwood Loop, Socorro, NM 87801

$825,000

Property Type: Commercial Sale Square Footage: 700 Lot Size (sq. ft.): 129,896 Status: Active

Current Price: $825,000 List Date: 4/01/2026 Last Modified: 4/10/2026

Overview

Description

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.

Supplements: Boasts a history of long-term residency and a "quiet and serene" reputation that minimizes management oversight and turnover costs

Listing Details MLS# 1100886

Contract Information

List Price/SqFt: 1178.57

Location

Street #: 401-413
Street Name: Eastwood
St Suffix: Loop
County: Socorro
City/Town Code: Socorro
State/Province: NM
Zip Code: 87801
Zip +4: 4244
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.
MLS Area Major: 620 - North Socorro
Zone Atlas: NOZA
Highway Frontage: Yes
Interstate Frontage: Yes
Rural: Yes

General Property Description

Property Sub-Type: Mobile Home Park
Living Area: 700
SqFt Source: Broker
Acres: 2.98
Lot SqFt: 129896
Apx Lot Dim Front: 400
Apx Lot Dim Side: 400
Lot Size Source: Broker
Flood Zone: No Flood Map
Total # Stories: Yes
# Parking Spaces: 26
Docks: No
Disability Access: No
HVAC: Yes
% Occupied: 100
Transaction Type: Sale
# of Docks: 0
Door Height: No

Income Expenses

Annual Gross Income: 81000

Miscellaneous

Land Ownership: Land Owned

Cooling

Centrally Ducted: No
Window Unit(s): Yes

More Information

Sales Info

Trade/Xch Considered: No

Tax & Legal Info

UPC Code: R003137
Short Legal Desc: MRGCD Map 162Tracts 4C3, 4D3 4E3
GRT Code: 25-125
Tax Exemption: No
Tax Annual Amount: 3600

Construction Materials

Frame: Yes

Heating

Other: Yes

Tenant Pays

Electric: Yes
Gas: Yes
Liability Insurance: Yes

Income & Expenses

Annual Oper Expenses: 0
Annual Insurance: 1400
Annual Utilities: 9600
Annual Bldg Maint: 0
Annual Mgmt Expense: 0
Lease Term/Months: 1 year

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Available: Yes

Features

Storage: Yes

Property Access

W Property Line: Yes

Road Frontage Type

City Street: Yes
Highway: Yes

Road Surface Type

Paved: Yes

Lease Information

New Lease to Buyer: Yes

Parking

On Site: Yes

Docs/Data Available

Existing Leases: Yes

Finance Considered

Cash: Yes
Conventional: Yes

Zoning

R-4: Yes

Property Features

Location: Highway Frontage; Interstate Frontage; Rural; Highway Frontage; Interstate Frontage; Rural Construction Materials: Frame Property Access: W Property Line Road Frontage Type: City Street; Highway Road Surface Type: Paved Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Available Heating: Other Cooling: Window Unit(s) Tenant Pays: Electric; Gas; Liability Insurance Features: Storage Lease Information: New Lease to Buyer Parking: On Site Finance Considered: Cash; Conventional Zoning: R-4

Listing Office: Coldwell Banker Legacy

Last Updated: April - 10 - 2026

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