For Sale
$900,000

103 17Th St Lovington, NM 88260

Established RV Park, 45 Spaces, Expansion Potential

Overview

Added:
Feb 3
Days on market:
79
This exceptional investment opportunity presents a thriving RV park located at 103 S 17th Street, Lovington, NM. The property encompasses approximately 5 acres of developed land, currently hosting 45 RV spaces, each generating a monthly rental income of $450. This translates to a substantial existing revenue stream. A significant advantage is the property's connection to city utilities, eliminating the complexities and costs often associated with rural utility infrastructure. The current setup offers a turnkey operation, ideal for an immediate return on investment. However, the true potential lies in the expansive 20-acre parcel located directly behind the existing park. This substantial acreage provides ample room for significant expansion, allowing for the addition of more RV spaces, amenities, or other complementary businesses. The strategic location in Lovington, NM, offers access to local amenities and attractions, further enhancing the appeal to potential RV park residents. This is a rare chance to acquire a well-established, income-producing property with considerable growth potential. The asking price for this turnkey operation is $900,000. This represents a compelling investment opportunity in a growing market. Serious inquiries are encouraged.

Property Details for 103 17Th St

Property type
Commercial real estate

Location Insight

City
Lovington
County
Lea
State
New Mexico
Latitude
32.948
Longitude
-103.3664

FAQs

What type of property is this?
Commercial real estate - Established RV Park, 45 Spaces, Expansion Potential
Where is the commercial real estate located?
The property is located at 103 17Th St Lovington, NM.
What is the asking price?
The asking price for this property is $900,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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103 17Th St
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