Various Locations, Las Cruces, NM, 88007 - Available for Sale

Multifamily For Sale

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Las Cruces Mobile Home Parks. (4)

Various Locations, Las Cruces, NM 88007

Las Cruces Mobile Home Parks. (4)
  • $7,450,000
  • 205
  • $36,341.46
  • Multifamily
  • Mobile Home/ RV Community
  • Investment
  • 2.5%
  • 99%
  • 1973
  • 39.91 AC
  • 03-05208/03-06878
  • Find Out More...
Last Verified  5/22/2012 Listing ID  15101921

Highlights

  • Good Location.
  • Good Income.
  • Very Good Cap Rate.
  • Management will stay in place.

Description

Sale includes 4 parks, Country Mobile Manor & Santera Acres Mobile Home Park, Covered Wagon, and Country Estates. The 4 parks include 205 sites at 4 locations in Las Cruces, NM. As of 2-19-08, there was only 1 vacancy. Manager will stay on and has been with Seller for 15 years. Sale also includes over $950,000.00 of Seller owned homes. Call agent for more info.

Country Mobile Manor go north on Valley drive past Mayfield High School. Left on Isaacks Lane to community.
Santera Acres go south on Main St. to Watson Lane, Right to Calle de Las Margaritas left to community.

Financial Summary

Debt & Equity Information

  • Actual
  • 2007
  • $893,676
  • $893,676
  • $298,455
  • $595,221

Map of Las Cruces, NM, 88007 - exact location not found

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Created 4/20/2007

Asking Price Index Trends for Las Cruces, NM Multifamily For Sale

  Mar 12 vs. 3 mo.
prior
Y-O-Y
-
State
$52,770+1.9%+6.5%

View Las Cruces Market Trends for other property types for sale or lease. Learn more about the chart info.