For Sale
$975,000

103 17Th StLovington, NM 88260

Established RV Park, 45 spaces, expansion potential.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a thriving RV park located at 103 S 17th Street, Lovington, New Mexico, 88260. The property encompasses approximately 5 acres of 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 establishing such infrastructure. The park's current success is further enhanced by the availability of an additional 20 acres of land directly behind the existing park, purchasable for an additional $250,000. This presents a unique opportunity for expansion and significant growth potential, allowing for a substantial increase in the number of RV spaces and associated revenue. The asking price for the existing 5-acre RV park with 45 spaces is $975,000. Owner financing is available, making this an even more attractive proposition for prospective buyers. This turnkey operation offers immediate income and the potential for substantial future returns. The property is classified as Special Purpose and is situated in Lea County, New Mexico. The coordinates are 32.9484489 latitude and -103.366099 longitude.

Highlights

  • Asking price: $975,000.
  • Special purpose property: 45-space RV park in Lovington, NM.
  • Located on 5 acres with an additional 20 acres available for $250,000.
  • City utilities.
  • Current rental income: $450/month per space.
  • Owner financing available.

Property Details for 103 17Th St

Property type
Specialty properties

Location Insight

City
Lovington
County
Lea
State
New Mexico
Latitude
32.9484489
Longitude
-103.366099
103 17Th St, Lovington, New Mexico

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
103 17Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message