Overview

  • Updated On:
  • October 18, 2024
  • 2 Bedrooms
  • 1 Bathrooms
  • 800.00 ft2
  • acre symbol
  • 2.524 acres

Investment Property for Sale in Roosevelt County, Nm

$ 175,000
754 S Roosevelt Rd Q,
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Description

Horse Property in Portales, New Mexico

This unique investment opportunity features two homes on a spacious 2.524 acres, perfectly designed to cater to horse owners and enthusiasts. Both homes are currently generating stable rental income and offer excellent potential for further earnings.

The first home is a fully furnished 2-bed, 1-bath property that rents for $750 per month. The second home is a 2-bed, 2-bath property, including appliances, with a rental rate of $950 per month. Each home is equipped with four 45×15 ft covered stalls, making them ideal for equestrian use.

Situated close to Eastern New Mexico University (ENMU), local amenities, and convenient transportation options, these homes offer both comfort and accessibility. This property represents a rare opportunity for both stable rental income and specialized use for horse enthusiasts.

This property can be purchased with a neighboring home and 4.29 acres.

About Portales, NM

Portales, NM is a vibrant small town known for its warm community and rich agricultural heritage. Located in the eastern part of the state, Portales boasts a sunny climate and a welcoming atmosphere, making it an ideal place for those seeking a slower pace of life. The town is home to Eastern New Mexico University, adding a youthful and energetic vibe to the area. With its charming downtown, local events, and proximity to beautiful landscapes, Portales offers a unique blend of small-town charm and educational opportunities.

Contact Scott Burton – Burton Realty & Auction

Scott Burton has been a dedicated real estate professional for over 14 years, serving Eastern New Mexico with a deep understanding of the community and land. His experience in agriculture and public service, combined with his auctioneering expertise, makes him uniquely equipped to guide clients in buying and selling rural properties. With a strong commitment to his roots, Scott continues to make a positive impact through his real estate work and beyond.

PROPERTY FEATURES:

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Horse Property for Sale

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Investment & Income

Address: 754 S Roosevelt Rd Q
City:
State/County:
Zip: 88130
Country: United States
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Property Id : 331635
Price: $ 175,000
Property Size: 800.00 ft2
Bedrooms: 2
Bathrooms: 1
County: Roosevelt County
Lot Size (AC): 2.52400
Year Built: 1992
Listing ID: 30067-00007
Office ID: 5279
Listing Address: 754 S Roosevelt Rd Q #A & #B

Scott Burton

United Country Real Estate | Burton Realty & Auction
Call Office(575) 760-8088
Call Mobile(575) 760-8088

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Home for Sale in Portales, Nm with Income Potential

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Horse Property in Roosevelt County, NM Nestled on a spacious 4.29 acres, this 3-bedroom, 2-bathroom home features central air and heat, ensuring year-round comfort. The home boasts fresh paint throughout, making it move-in ready for you or your tenants. The large, fenced backyard provides a safe and expansive area for outdoor activities and gatherings. Horse enthusiasts will appreciate the 100 ...
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Scott Burton