RV Park/Campground Details

  • Purchase Method: Cash, Seller Financing
  • Cap Rate: 5.2%
  • Listing ID: 1457813
  • Posted On: Jun 14, 2021
  • Updated On: Sep 12, 2021

Description

Great rental/income-producing opportunity! A 35-space RV park for sale that shows long-time pride of ownership. Priced to move at $900,000. This is a nature lover's paradise with 13.4 pristine acres, located adjacent to over 57,000 acres of the largest bird and wildlife refuge in New Mexico. Paved access, 5 minutes from Interstate 25. At the entrance is a compact office with room to expand. The RV park has 35 spaces plus 5 campsites with a separate bathroom facility. The 2,900 square feet owner's home has 4 baths and 3 bedrooms featuring a loft and second-story balcony. Imagine a possible bed & breakfast! Another 25' x 20' building boasts possibly a large banquet hall for group meetings, weddings and parties. The property also features an orchard with 35 pecan-producing trees, with possible expansion into organic farming or equestrian horse facility. Visualize land use opportunities such as 4 newly-constructed cabins.

Property located 1 hour 20 minutes from the major hub of Albuquerque and its international airport and media studios, and 1 hour from Las Lunas, which boasts a new Facebook data center. All a short commute!

Location

From Albuquerque take I-25 S 1 hr 20 min to San Antonio, Exit 139 for US-380 E to San Antonio/Carrizozo, then a right on NM-1 S for about 3 miles. Property is on the right at 1481 NM-1.

Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 35
Year Built: 1986
Average RV Lot Rent: $400
Size: 13.4 acre(s)

Financial Information (Actual)

Gross Income: $65,000
Operating Expense: $18,000
Net Operating Income: $47,000
Expense Ratio: 27.7 %
Debt Info: $34,000 SOLAR PANELS

Utility Information

Water: City
Sewer: Septic

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