For Sale
$625,000
2335 Broadway StTruth or Consequences, NM 87901
24-Space RV Park in New Mexico
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- Exceptional investment opportunity: 24-space RV park in Truth or Consequences, NM, priced at $625,000.
- Strong current NOI of $48,643 and pro-forma NOI of $60,113, yielding a 7.78% cap rate and a pro-forma cap rate of 9.62%.
- Includes a 30x40 ft shop building with potential for additional income.
- Assumable loan available with a 5% interest rate, 13-year term, and approximately $145,000 remaining balance.
- Located in an Opportunity Zone.
Property Details for 2335 Broadway St
- Property type
- Mobile home & RV parks, Campgrounds
- Class
- B
- Units
- 24
Location Insight
- City
- Truth or Consequences
- County
- Sierra
- State
- New Mexico
- Latitude
- 33.1230184
- Longitude
- -107.2791311
2335 Broadway St, Truth or Consequences, New Mexico
Nearby Similar for Sale
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