736 El Paseo Drive, A,B,C,D,E, Chaparral, NM 88081
$599,999
Property Type:
Commercial Ind
Lot Size (sq. ft.):
83,635
Status:
Active
Current Price:
$599,999
List Date:
11/06/2025
Last Modified:
12/15/2025
Description
Excellent investment opportunity featuring six income-producing units on 1.92 acres. Each unit offers functional living space with access to open land. The property includes ample parking and room for possible expansion. Located in a quiet area of Chaparral close to local services and community amenities, this property provides steady rental income and strong potential for long-term growth.
More Information MLS# 2503484
Contract Information
Qualifying Broker Name: Heriberto Torres
Qualifying Broker License #: Rec-2025-0817
Property Sub-Type: Commercial
Marketing Date: 2025-11-06
Asking Price: 599999
Current Price: $599,999
Status: Active
Term Date: 2025-11-06
Location, Tax & Legal
Unit #: A,B,C,D,E
Account Number: R051510
Major Area: Chaparral Area
Parcel Number: 16N4031154125493
Number: 736
Street Name: El Paseo
St Suffix: Drive
County: Otero
State: NM
Zip Code: 88081
Area: 641 - Chaparral
Subdivision: Colquitt
General Property Info
HOA: No
Lot SqFt: 83635
Actual Lot Size Source: Public Records
Lot Acres: 1.92
Property in PID: No
Use of Electronic Document Transmission: Yes
Green Certified: No
Lot Size: 1.51 to 2 AC
Number of Units: 6
Owner Financing: No
Parking Capacity: 10
Age: 61 to 70 Years
Condition: Average
# Stories: 1
Earnest Money Payable To: Pioneer Abstract and Title of Alamogordo
3rd Party Approval: No
Short Sale: No
REO/Bank Owned: No
Court Approval: No
Remarks & Misc
Legal: Subd: COLQUITT Lot: 11 Block: D
Advertising Remarks: Excellent investment opportunity featuring six income-producing units on 1.92 acres. Each unit offers functional living space with access to open land. The property includes ample parking and room for possible expansion. Located in a quiet area of Chaparral close to local services and community amenities, this property provides steady rental income and strong potential for long-term growth.
Parking Type
Parking Area: 1
Possession
At Closing: 1
At Funding: 1
Will Sell
Cash: 1
Imp W/Strc Usbl WExzn
Complex: 1
W/Mobile Home: 1
Location
Suburban: 1
Construction
Adobe: 1
Brick: 1
Cooling
Evaporative Central: 1
Road Frontage
City Street: 1
Land Status
Land Included: 1
Heating
Forced Air: 1
Floors
Laminate/Wood Floors: 1
Roof
Minimum Pitch: 1
Sewer
Septic at Site: 1
Utilities Available
City Water: 1
Electric: 1
Septic: 1
Tenant Pays
Other - See Remarks: Included with rent price
Property Features
Parking Type: Parking Area
Possession: At Closing; At Funding
Will Sell: Cash
Land Status: Land Included
Road Frontage: City Street
Location: Suburban
Construction: Adobe; Brick
Floors: Laminate/Wood Floors
Roof: Minimum Pitch
Heating: Forced Air
Cooling: Evaporative Central
Sewer: Septic at Site
Utilities Available: City Water; Electric; Septic
Listing Office:
Azurite Realty LLC
Last Updated: December - 15 - 2025
Information deemed reliable but not guaranteed.