20729 Us Highway 70, Alamogordo, NM, 88310

About This Home

What a great income investment opportunity or a family property! Two homes on 2.366 acres, with a third home to fix up into a large home or possibly 3 apartment units which received a new roof end of 2021, as well as Commercial highway frontage and yearly income from the billboard on the land near the highway! Approximately 3/4 mile prior to the exit to Holloman AFB, the Seller has enjoyed having the homes rented because they are so close to Base. Or, live in one and rent the other! One home is a 4 bedroom, 2 bath with two living areas. The other home is an adorable remodeled 1 bedroom, 1bath with a kitchen, dining and living room. Both homes received a new roof end of 2021 and mid 2022. Mini splits (refrigerated air and heat) for both homes. There is a $48,000 Solar array which will be paid off at closing, and a $12,000 Desalinization system for the well water. 2 water storage tanks as well. There is also a shed/workshop on the property. So much potential income here or wonderful family compound. Call now for a tour!