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415 E Washington Ave

415 E Washington Ave Tucumcari, NM 88401

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Overview

In a community experiencing a high demand for housing, this compound was designed by the original owner as a ten (10) unit compound comprising ten (10) leasable residences of varying sizes and configurations, specifically a 4-plex and three (3) duplexes. The units include eight (8) 2-bedroom units with 1 1/2 bathrooms, and two (2) 3-bedroom units with 2 bathrooms. 

Demand for housing is extreme in the Tucumcari area due to long-term wind generation installations being erected in the area, Mesalands Community College (no on-campus housing), and Presbyterian’s Trigg Memorial Hospital (with housing needs for visiting and permanent nurses and doctors). The 2.066 acre property is zoned C-1, all units are separately metered, and all are serviced by city utilities.  HVAC units are provided. All units include car ports and storage. 

Other amenities include walled front yards with arched entrances, vaulted 14-feet ceilings in living rooms with vigas, walk-in closets, and in each kitchen a stove, refrigerator and dish washer. 

For Sale

Multifamily

Secondary Uses: Low Rise

Sale Price
$1,195,000
Price Per SF
$74.9/SF
Building Size
15,964 SF
Floors
1
Year Built
1970
Tax ID Number
117906348201200
Property Use Type
Investment
Property Status
Existing
Average Occupancy Rate
100
Total Units
10
Laundry
In Each Unit
Nearest Interstate
Interstate 40 - 2 mi
Water Provider
City of Tucumcari
Sewer Provider
City of Tucumcari
County
Quay
Created
2024-09-18
Updated
2025-02-28
Listing ID
ecbc0331
Parcel APN
R003484