New Mexico | Portales | 20 Income Properties

RENTAL PROPERTY GALORE. This unique property includes 18 acres, 4 houses, 6 stall barn, a set of feedlot pens, and is fully fenced. With only being minutes away from the university, these rentals don’t take long to fill up. A water well is included, and the property is also on co-op water. All homes are electric NO GAS. The first house is 612 sq. ft. 1 bedroom 1 bathroom that has newer carpet. Second, there is a double wide manufactured home that is 60×40 3 bedroom 2 bathroom. Third, we have a single wide manufactured home that is a 16×76, 3 bedroom 2 bathroom. The third home, as well as the fourth house both have a new tin roof. Last, is a single wide manufactured home that is a 16×76, 3 bedroom 2 bathroom. This would be a great investment property with plenty more room to expand. Please contact the listing broker for more information on the monthly income and lease terms.