For Sale
$1,300,000

1101 Christopher Ln Hobbs, NM 88240

High-yield RV park with manufactured home.

Property Records

Overview

Added:
Feb 3
Days on market:
85
This exceptional investment opportunity encompasses approximately 20 acres in Hobbs, New Mexico, featuring 88 RV spaces and a double-wide manufactured home currently generating rental income. The manufactured home is leased for $1,000 per month, providing a consistent cash flow stream. Each RV space commands an approximate rental rate of $500 per month, presenting significant potential for substantial revenue generation. The property boasts all city utilities, simplifying operations and maintenance. The large acreage offers ample space for potential expansion or future development, enhancing the long-term investment value. This turnkey operation is ideal for an investor seeking a proven income-producing asset with significant upside potential in a growing market. The existing infrastructure and high occupancy rates contribute to a stable and profitable business model. This is a rare opportunity to acquire a well-established RV park with immediate cash flow and considerable growth prospects. The property's location in Hobbs, NM, provides convenient access to local amenities and attractions, further enhancing its appeal to RV enthusiasts. The current rental income alone makes this a compelling investment, with the potential for increased revenue through strategic management and expansion.

Property Details for 1101 Christopher Ln

Property type
Commercial real estate

Location Insight

City
Hobbs
County
Lea
State
New Mexico
Latitude
32.71995
Longitude
-103.1506

FAQs

What type of property is this?
Commercial real estate - High-yield RV park with manufactured home.
Where is the commercial real estate located?
The property is located at 1101 Christopher Ln Hobbs, NM.
What is the asking price?
The asking price for this property is $1,300,000.
How can I contact the broker?
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1101 Christopher Ln
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