For Sale
$454,000

746 Roosevelt Road R 1/2Portales, NM 88130

Profitable RV Park with 22 Sites

Overview

Added:
Feb 3
Days on market:
63
This exceptional investment opportunity encompasses a 20-acre developed RV/MH park in Portales, New Mexico. Ten acres are dedicated to 22 fully equipped RV/MH spaces, each featuring water, sewer, and high-speed fiber optic internet access. Landscaping includes mature trees and yard lighting throughout the park for a welcoming atmosphere. A convenient dumpster is provided for all tenants. The property includes two existing mobile homes, currently generating $1,200 per month in rental income, and are included in the sale price. Infrastructure is robust, featuring four 1800-gallon septic systems, access to county cooperative water, and a brand-new water well ensuring reliable service. The remaining 10 acres offer ample space for horses or other livestock, complete with existing horse stalls. This meticulously developed park, a recent construction project by LGT Construction, presents a turnkey investment with significant income potential and room for future expansion. The property's combination of established rental income, modern amenities, and versatile land use makes it an attractive opportunity for investors seeking a strong return. The asking price is $454,000.

Property Details for 746 Roosevelt Road R 1/2

Property type

Location Insight

City
Portales
County
Roosevelt County
State
New Mexico
Latitude
34.15005
Longitude
-103.345
746 Roosevelt Road R 1/2, Portales, New Mexico

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746 Roosevelt Road R 1/2
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