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27241438
27241494

16921 US 550, Aztec, NM 87410

AE
CO FA100100921
EXP Realty Commercial
Listed by EXP Realty Commercial
$375,000
249 days on market
Updated 13 days ago

16921 US 550

Details
Property Type Multifamily
Sub Type Apartment Building, Other
Units 2

Multifamily | 2 Units

Marketing description

''Inca Gold'' offers a rare multi-family investment opportunity on 10.38 irrigated acres located on the site of the historic stagecoach stop and rail town of Inca, NM, just 19 minutes from Durango, CO and 13 minutes from Aztec, NM. This property features two existing residential units with the potential to add numerous RV or mobile home sites, creating a highly versatile income-producing asset. The first unit is a 1977 Schultz 14x66 with a 455-square-foot addition, featuring three bedrooms, two baths, two living areas, a kitchen with a gas stove, a primary suite with en suite bath, and two covered porches. The second unit is a 2000 Palm Harbor 16x76 with three bedrooms and two baths, ready for renovation or immediate rental. Both homes are fully connected to a domestic well, and propane is provided for free to the west home. Natural gas and community water taps are available at the property line, providing flexibility for additional units or expansion. A detached 1,800-square-foot garage and workshop with an 800-square-foot cellar offers additional storage or rental possibilities. The property also includes a metal shed and greenhouse with propane heaters, supporting year-round agricultural use or extra tenant amenities. The irrigated land, equipped with 10-inch piping, pumps, and sprinklers, is ideal for gardening, livestock, or other value-added uses. With ample space for RV or mobile home placement, open pastures, and established apricot and peach trees, this property presents a rare opportunity to expand beyond the existing two units and create a robust multi-family community. Its strategic location near highways, easy access to Durango and Aztec, and strong water infrastructure make this an ideal long-term investment for developers or entrepreneurs seeking both immediate income and future growth potential.
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Listing Contacts

AE
CO FA100100921
EXP Realty Commercial
Listed by EXP Realty Commercial

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