Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 8.3%
- Listing ID: 542328
- Posted On: Jun 15, 2015
- Updated On: Apr 14, 2016
Description
74-Space MH & RV Park, located just 10 min. from Albuquerque (and 25 min. from Santa Fe)!! Clubhouse, Office, Rec Room w/Pool Table, Laundry, Restrooms/Showers & More!! Beautiful park in excellent condition. HUGE UPSIDE in filling five (5) vacant MH lots and an additional seven (7) sites w/o utilities. Only one (1) park-owned MH (mgr), otherwise ALL are "tenant owned" units, no rentals. Gorgeous park with HUGE UPSIDE!!
Just off I-40 (Exit 178 "Zuzax") on south side of "Route 66 Hwy" (NM 333). one mile west of Zuzax exit on south side of Route 66.
Amenities
- Laundromat
- Club House
- Storage
- Manager Office
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 74 |
| Year Built: | 1972 |
| Average RV Lot Rent: | $350 |
| Size: | 12.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $219,587 |
| Operating Expense: | $112,794 |
| Net Operating Income: | $106,793 |
| Expense Ratio: | 51.4 % |
| Debt Info: | New Loan Amt $895K (w/$400K Dn) |
Utility Information
| Water: | Well |
| Sewer: | Septic |
