5 Units on 5 Acres in Portales, NM | Cash-Flowing Property
Property Details:
$199,900 - Cash ONLY
1 Site-built home (2 bed / 1 bath)
3 Mobile homes (3 bed / 1 bath each)
1 Mobile home (1 bed / 1 bath)
Current monthly income: $2,800 + $50/pet
Tenants pay utilities (separately metered)
Short-term leases converting to 6-month terms
Strong cash flow – meets the 1.5% Rule
📍 Portales, NM
Photos available upon request
Madison Smith REC20240807
Sales Director
Aurumys Real Estate show contact info