736 El Paseo Drive, A,B,C,D,E, Chaparral, NM 88081
$525,000
Property Type:
Commercial Ind
Lot Size (sq. ft.):
83,635
Status:
Active
Current Price:
$525,000
List Date:
11/06/2025
Last Modified:
3/26/2026
Overview
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.
Listing Details MLS# 2503484
Location, Tax & Legal
- Number
- 736
- Street Name
- El Paseo
- St Suffix
- Drive
- County
- Otero
- State
- NM
- Zip Code
- 88081
- Area
- 641 - Chaparral
- Subdivision
- Colquitt
- Unit #
- A,B,C,D,E
- Account Number
- R051510
- Major Area
- Chaparral Area
- Parcel Number
- 16N4031154125493
Contract Information
- Qualifying Broker Name
- Heriberto Torres
- Qualifying Broker License #
- Rec-2025-0817
- Property Sub-Type
- Commercial
- Asking Price
- 525000
- Term Date
- 2025-11-06
- Marketing Date
- 2025-11-06
General Property Info
- HOA
- No
- Use of Electronic Document Transmission
- Yes
- Property in PID
- No
- Green Certified
- No
- Number of Units
- 6
- # Stories
- Yes
- Lot SqFt
- 83635
- Lot Acres
- 1.92
- Actual Lot Size Source
- Public Records
- Age
- 61 to 70 Years
- Condition
- Average
- Parking Capacity
- 10
- Earnest Money Payable To
- Pioneer Abstract and Title of Alamogordo
- 3rd Party Approval
- No
- Short Sale
- No
- REO/Bank Owned
- No
- Owner Financing
- No
- Court Approval
- No
Tenant Pays
- Other - See Remarks
- Included with rent price
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
- Yes
More Information
Possession
- At Closing
- Yes
- At Funding
- Yes
Will Sell
- Cash
- Yes
Imp W/Strc Usbl WExzn
- Complex
- Yes
- W/Mobile Home
- Yes
Location
- Suburban
- Yes
Construction
- Adobe
- Yes
- Brick
- Yes
Cooling
- Evaporative Central
- Yes
Road Frontage
- City Street
- Yes
Land Status
- Land Included
- Yes
Heating
- Forced Air
- Yes
Floors
- Laminate/Wood Floors
- Yes
Roof
- Minimum Pitch
- Yes
Sewer
- Septic at Site
- Yes
Utilities Available
- City Water
- Yes
- Electric
- Yes
- Septic
- Yes
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: March - 26 - 2026
Information deemed reliable but not guaranteed.