''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.
Investor Alert: This is a rare chance to acquire a multi-unit, mixed-use building in a high-visibility location and long-term upside. Situated on bustling Chaco Street--Aztec's primary artery connecting to Farmington, Bloomfield, and Albuquerque--this flexible asset is ideal for investors seeking steady cash flow with future growth potential. The property features a balanced and diversified tenant mix, including street-level retail storefronts, professional office spaces, and updated residential apartments on the upper level. With multiple income streams and adaptable configurations, the property suits a wide range of tenant types and business models, ensuring resilience in shifting market conditions. Located in a growing regional hub, Aztec is a dynamic small town with strong tourism appeal thanks to the nearby Aztec Ruins National Monument. It also benefits from proximity to larger metro areas like Farmington, NM, and Durango, CO--making it a strategic investment location with expanding economic reach. Key Investment Highlights: Multi-unit layout: retail, office, and residential spaces Flexible-use configurations ideal for tenant retention and re-leasing High-visibility frontage on Aztec's main commercial corridor Updated interiors with modern finishes and capital improvements Strong rental history with stabilized occupancy Located in a growing market with regional connectivity and tourism traffic Owner Financing would be considered for highly qualified investors. Detailed financials--including rent roll, tenant mix, available upon request. Proof of funds required for showings. Contact the listing agent today to secure this versatile, income-producing asset. *square footage obtained from county assessors
Aztec is located in New Mexico. Aztec, New Mexico has a population of 6,283. Aztec is less family-centric than the surrounding county with 25.1% of the households containing married families with children. The county average for households married with children is 25.86%.
The median household income in Aztec, New Mexico is $46,509. The median household income for the surrounding county is $47,485 compared to the national median of $69,021. The median age of people living in Aztec is 33 years.
The average high temperature in July is 91.7 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 10.4 inches per year, with 12.1 inches of snow per year.
