$250,000

1320 Williams Ave Estancia, NM 87016

Estimated payment $1,566/month

Total Views 1,339
3 Beds
2 Baths
900 Sq Ft
$278 Price per Sq Ft

Highlights

  • Evaporated cooling system
  • Patio
  • Wood Siding
  • Mifflin Elementary School Rated 9+
  • Tile Flooring
  • Property has 1 Level

About This Home

Profitable and Established Mobile Home Park in Estancia, NM. This 5 UNIT compound has EASY access to Hwy 41 and St Hwy 55. Approximately one hour drive to Albuquerque and just over one hour to Santa Fe, NM. With 5 Manufactured Housing spaces it's perfect for FAMILY that requires space and privacy. Ample parking per unit adds to the value. 3 units are currently rented with the 4th unit under rehab and the 5th not in use at this time (ideally needs new unit brought in). Current CASH FLOW...perfect scenario for owner occupant with great return on investment. Preview of units subject to accepted offer only. Please do not disturb tenants.

Listing Agent

Ruben Ortega

RE/MAX SELECT License #13007 Listed on: 10/10/2025

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1980

Lot Details

  • 0.47 Acre Lot
  • Additional Parcels

Parking

  • 10 Parking Spaces

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 900 Sq Ft Home
  • Property has 1 Level
  • Free-Standing Electric Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Evaporated cooling system
  • Window Unit Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number M003490

Community Details

Overview

  • 5 Units
  • 900 Sq Ft Building
  • Built by Individual Mobile Hms
  • Alta Vista Subdivision

Building Details

  • Operating Expense $9,000
  • Gross Income $39,072

Property Details

Home Type

Apartment

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Directions: From Albuquerque take I40 EAST, Exit 196 - RIGHT on HWY 41; stay on HWY 41 (Fifth St.) about 18 miles to State Rd 55, RIGHT; 3/4 mile to Walker RIGHT; to next stop sign corner of Williams Ave and Walker...
  • Year Built: 1980
  • Lot Size Acres: 0.47
  • Subdivision Name: Alta Vista
  • Unit Levels: One
  • New Construction: No
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Free-Standing Electric Range, Refrigerator
  • Stories: 1
  • Number Of Buildings: 5
  • Basement YN: No
  • Total Bedrooms: 3
  • Living Area: 900.0

Exterior Features

  • Exterior Features: Patio
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Individual Mobile Hms
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

  • Cooling: Evaporative Cooling, Window Unit(s)
  • Heating: Other, See Remarks
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Community Features: Patio

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 20517.0
  • Additional Parcels: Yes
  • Parcel #: M003490
  • Zoning Description: C-1

Rental Info

  • Tenant Pays: None
  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 39072.0
  • Annual Operating Expense: 9000.0

Tax Info

  • Tax Annual Amount: 80.49

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2025 10/10/25 For Sale $250,000 -- $278 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1092859

Southwest MLS (Greater Albuquerque Association of REALTORS®)
New Mexico Torrance County Estancia 87016

1320 Williams Ave, Estancia, NM

For Sale

MultiFamily

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Ruben Ortega
Listing Agent
Ruben Ortega
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RE/MAX SELECT
(505) 391-7357