Prime investment opportunity in the heart of Kirtland! This rare 3.3 acre property is centrally located just down the street from McDonald's, offering excellent visibility, convenience, and long-term potential. The property features three existing residential rentals plus over one acre of vacant land, providing multiple avenues for expansion and increased income. The vacant portion offers the potential to build a duplex, add a mobile home, or further develop additional rental opportunities (buyer to verify).The income-producing rentals include a 3 bedroom, 2 bathroom site-built home with fresh interior paint coming soon, a 1 bedroom, 1 bathroom site-built home featuring all new appliances, and a 3 bedroom, 2 bathroom mobile home that is taxed as personal property, with title to be transferred at time of sale.Additional improvements include seven storage units, fencing and livestock pens, a horse pen, and a chicken pen, making this property ideal for rural living within town limits or a mixed-use investment. The land can accommodate livestock and is well-suited for a variety of uses.Utilities include electric through the City of Farmington, gas with NM Gas Company, and water through Lower Valley Water Tap. Water rights are available through Farmers Mutual Ditch Pumping Rights. All three septic systems have been maintained and are currently in use, with public sewer taps available in the street for future development.The property also features established fruit trees and vines, including peach, apricot, apple, cherry, mixed fruit, red and green grapes, and raspberries, adding both charm and functionality.There is also the possibility of owning the entire end of the street, as the adjacent vacant lot is available for purchase (reference MLS #25-1417). This is a truly unique opportunity offering immediate rental income, future development potential, and a prime in-town location. See also MLS# 26-102.
Prime Multi-Parcel Mobile Home Park Investment in Kirtland, NMThis established mobile home park spans nearly 9 acres and is comprised of nine individually leased parcels, offering steady, reliable income and strong investment potential. Eight parcels feature 2012 Clayton homes with 3 bedrooms and 2 bathrooms, two at 868 sq. ft. and six at 1,152 sq. ft. The ninth parcel is leased as land only, creating a low-maintenance revenue stream.Each parcel ranges from .90 acre to 1 acre and includes individual water, sewer, and electric connections, simplifying management and giving tenants independent service access.With a stable rental base, spacious lot sizes, and quality homes, this property offers both immediate returns and long-term appreciation potential in the growing Kirtland market.Buyer to verify square-footage of the mobile homes.
Kirtland is located in New Mexico. Kirtland, New Mexico has a population of 644. Kirtland is more family-centric than the surrounding county with 40.37% of the households containing married families with children. The county average for households married with children is 25.86%.
The median household income in Kirtland, New Mexico is $97,500. 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 Kirtland is 34 years.
The average high temperature in July is 91.3 degrees, with an average low temperature in January of 18.2 degrees. The average rainfall is approximately 9.2 inches per year, with 10.6 inches of snow per year.
