415 E Washington Ave
415 E Washington Ave Tucumcari, NM 88401

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.
Attachments
For Sale
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