Courtesy of Wendy Mileta with Realty One Of New Mexico - Raton

Great investment opportunity! Partial remodeling in the apartments and the option for one bedroom or duplex units, each individually metered, with the two back homes just under 700 sq ft each. The addition of the storage units, a separate laundry area and mailboxes is a great bonus ! The motel can be 7 apartment units, renovation has begun and just needs some tlc to bring these to full rental income units. New roofs on buildings, fresh exterior paint. Materials have been purchased to finish the buildings and are negotiable. 9 units, 14 baths, 75% new electrical brought to building, new hot water heaters, new water lines to the property and new sewer line install. Also has an RV hookup on property! Purchase this property and the laundry mat in front for a great deal and massive rental income or business opportunity! $445,000 gets it all with most of the uninstalled inventory!