121 Kircher St
Carlsbad, NM 88220
Gateway RV Park 100% Occupancy · Multifamily Property For Sale · 1,000 SF

This 61-space RV Park is now for sale in Carlsbad, New Mexico. The park was completed in October 2020. Current ownership operates on an all bills paid format. The park is on city water and city sewer. Each space has full utility hookups. Each space also has an individual electrical meter in place if new ownership would like to start charging for electricity. The park has high-speed Fiber-Optic Internet. There is a building on-site consisting of five individual bathroom/shower rooms. There is a metal building with coin-operated washers/dryers, and a separate manager's office. Each of these buildings are secured by coded keypad locks. The park offers 12 covered RV sites which are highly desired. Each tenant in the park is on a month-to-month agreement. Current ownership doesn't allow any nightly or weekly rates, even though calls are received daily from people requesting short-term stays. All of the tenants are on an automatic draft payment program that withdrawals their rent on the first of each month. Offsite manager will stay on managing the park for 9.5% Gross Rent. Local real estate brokerage has also offered to manage the park for 12% Gross. There is a propane station directly across the street for tenants to refill their propane bottles. There is a city park with a playground and basketball court next door. There is a 30,000-square-foot gym next door. Walmart is conveniently located 1/4 mile down the street.