Park Brokerage with the cooperation of JDS Real Estate Services is proud to announce to the market Lamplighter Mobile Home Park located in Farmington, New Mexico. Just an hour from Durango which has nonstop commercial air service from Southern California, Phoenix, Dallas, and Denver Lamplighter is a huge upside family park on city services near all the town’s commercial services. It is also located directly across the street from the home of the Connie Mack World Series and near countless commercial developments. As stated the property is located on city services and some services are billed back. The city water and sewer is not metered, the seller utilizes a RUBS program. The electric is direct-billed through local electric provider and about half of the park has seen new conduit utility lines installed with 200amp service. The gas is master-metered and certified on an annual basis by local provider. Water supply lines to each row have also been replaced with PVC and new shut off valves installed. Certain new segments of sewer lines also have been replaced. There is cable and phone to each site. As stated on rent roll, this park offers a huge infill upside and the presence of 28 park-owned units some of which just need renovation allow for a buyer to come in and make huge returns. Space rents are low for the market so broker recommends a rent-to-own program with goal of turning park into a tenant-owned park with just a few rentals. The heavy lifting also has been done with regards to underground infrastructure. The park has minimal collection and crime issues and the manager would likely stay on for new owner. This won’t last long!