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Los Arboles Mobile Home Park

2230 Dona Ana Rd, Las Cruces, NM 88007

N/A

100 Spaces | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Spaces:
100
Property Type:
Multifamily
Property Sub-type:
Mobile Home/RV Community
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
13.50%
Occupancy:
91%
Lot Size:
10.63 AC
Listing ID
16834755
Last Updated
over 1 year ago

Description

100 Space Mobile Home Park located in Las Cruces, NM. There are 10 mobile homes that go with the sale. Additionally there is a shop building and 3,200 sq. ft mobile home. Park has been owned by seller for 21 years and has shown a strong historical occupancy and is serviced by city utilities. Park provides water & sewer, all other utilities are paid direct by tenant. Space rents are $260

Park is located on the north side of Las Cruces, NM. Las Cruces is the second largest community in New Mexico. The city has been recognized in numerous publications for best places to retire, fasted growing and other recongition. Las Cruces is home to New Mexico State University with a student population in excess of 18,000.

Map of 2230 Dona Ana Rd, Las Cruces, NM 88007 (Dona Ana County)

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