Contact Information

RV Park/Campground Details

  • Price: $7,995,000
  • Purchase Method: Cash, New Loan
  • Property ID: 1141715
  • Posted On: Oct 4, 2019
  • Updated On: Oct 7, 2019

Property Description

See more information about this park on our website: www.themhpexpert.com/property/buds-place-rv-park/

Bud’s Place RV Park was constructed between 2017 and 2019 and
consists of 91 RV pads, 16 cabins, and 20 mobile home pads. The
owner completed construction and leased up 91 RV pads at the end
of 2018. The 16 cabins construction is projected to be completed and
occupied by October of 2019.

There are 20 mobile home pads that are currently under construction
and will be completed prior to a new owner taking over. The owner
currently has a waiting list of customers who would be willing to
rent, or purchase park model homes and the current advertised lot
rent is $1000.

Bud’s RV park is one of the few parks in Carlsbad that has public
utilities. In addition, Bud’s place is in a favorable location regarding
electricity billing and enjoys some of the lowest utility costs in
Carlsbad.

The park is conveniently located close to area employment, retail, and
attractions and is regarded locally as having the best location for an
RV park in Carlsbad. The park is located 15 minutes from Carlsbad
Caverns and has luxury-style bathrooms, laundry room, and stocked
fishing pond for its customers to enjoy.

Highlights

~ "New Construction! (Property was built in 2017-2019)
"
~ One of the few RV parks in Carlsbad with low rates on municipal water/sewer

~ 20 recently constructed mobile home sites ready for homes (Large demand!)

~ Brand new one-bedroom site-built cabins with kitchenette and full bathroom.

~ All long-pull thru sites with 50 amps and full hooks ups

~ Amenities include a stocked fishing pond, luxury-style bathrooms, and laundry room

~ 15 minutes to Carlsbad Caverns

~ High Yield!

Known Issues - Park is located in Flood Zone

Location

ECONOMICS IN CARLSBAD , NM
Median Household Income $51,097
Median Home Price $118,400
Homes Owned 31.2%
Homes Rent 68.8%
Median Property Rent $775

Posted: Jul 24, 2019 - CARLSBAD, N.M. (AP)
https://www.krqe.com/news/new-mexico/historic-horizontal-well-in-permian-basin-completed/

Drilling of the longest horizontal oil and gas well in the history of the Permian Basin has been completed.The Carlsbad Current-Argus reports the Fort Worth, Texas-based Basic Energy Services recently announced the well was completed in the Wolfcamp. That’s shale of the Delaware Basin, which sits below most of New Mexico’s Eddy County and the southern half of the state’s Lea County.The completion comes as booming oil production in the Permian Basin continues to center around shale in southeast New Mexico and West Texas.The U.S. Geological Survey says it found 46.3 billion barrels of oil and 20 billion barrels of natural gas liquids beneath the region.

Amenities

  • Laundromat
  • Club House
  • Storage
  • Manager Office
  • Bathhouse
  • Store
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 127
Year Built: 2018
Average RV Lot Rent: $1,000
Size: 22.3 acre(s)

Utility Information

Water: City
Sewer: City

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