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Palisades RV Park Land 9201 Central Ave NW 108 Unit Mobile Home Park $2,500,000 ($23,148/Unit) 3.70% Cap Rate Albuquerque, NM 87121

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Investment Highlights

Route 66 RV Park Land
Easy turn access for trailers

Mature Trees

Executive Summary

Only $10 SF for developed land on Central Ave and 90th in Albuquerque.
Qualified HUB Zone
2020-2024 Gross Income $300k-$350,000
Possible to restore thriving RV Park business.
Zoning upgrade required for a Mobile Home Park
5.91 dedicated acres additional .7 ac easements.
CABQ West Central Ave bike lanes and improvements
New stop light at 90th in 2027
Busy west Central location.
14,800 Central Avenue VPD
41,700 98th Street VPD
56,500 total VPD

Palisades RV Park Land Brochure '26

Financial Summary (Actual - 2023)	Annual	Annual Per SF
Gross Rental Income	$296,358	$82.55
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$296,358	$82.55
Taxes	$7,436	$2.07
Operating Expenses	$196,871	$54.84
Total Expenses	$204,307	$56.91
Net Operating Income	$92,051	$25.64

Financial Summary (Actual - 2023)

Gross Rental Income
Annual	$296,358
Annual Per SF	$82.55

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$296,358
Annual Per SF	$82.55

Taxes
Annual	$7,436
Annual Per SF	$2.07

Operating Expenses
Annual	$196,871
Annual Per SF	$54.84

Total Expenses
Annual	$204,307
Annual Per SF	$56.91

Net Operating Income
Annual	$92,051
Annual Per SF	$25.64

Property Facts

Price	$2,500,000	Building Class	C
Price Per Unit	$23,148	Lot Size	6.42 AC
Sale Type	Investment	Building Size	3,590 SF
Cap Rate	3.70%	Average Occupancy	0%
Sale Condition	Redevelopment Project	No. Stories	1
No. Units	108	Year Built	1971
Property Type	Multifamily	Parking Ratio	30.08/1,000 SF
Property Subtype	Manufactured Housing/Mobile Home General Retail Storefront Retail/Residential	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Garden
Zoning	NR-SU - Currently zoned for RV campground. Will need an zone change to create a Mobile Home Park.

Price	$2,500,000
Price Per Unit	$23,148
Sale Type	Investment
Cap Rate	3.70%
Sale Condition	Redevelopment Project
No. Units	108
Property Type	Multifamily
Property Subtype	Manufactured Housing/Mobile Home General Retail Storefront Retail/Residential
Apartment Style	Garden
Building Class	C
Lot Size	6.42 AC
Building Size	3,590 SF
Average Occupancy	0%
No. Stories	1
Year Built	1971
Parking Ratio	30.08/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	NR-SU - Currently zoned for RV campground. Will need an zone change to create a Mobile Home Park.

Unit Amenities

Washer/Dryer

Site Amenities

24 Hour Access

Clubhouse

Laundry Facilities

1 1

Fairly walkable

40/100

Exceptionally drivable

100/100

Limited public transit

30/100

Fairly bikeable

40/100

Source: Local Logic^®

Property Taxes

Parcel Number	1-009-057-248104-3-05-24	Total Assessment	$300,966 (2026)
Land Assessment	$183,114 (2026)	Annual Taxes	$7,436 ($2.07/SF)
Improvements Assessment	$117,852 (2026)	Tax Year	2023

Property Taxes

Parcel Number

1-009-057-248104-3-05-24

Land Assessment

$183,114 (2026)

Improvements Assessment

$117,852 (2026)

Total Assessment

$300,966 (2026)

Annual Taxes

$7,436 ($2.07/SF)

Tax Year

2023

(505) 639-1266

Contact

Coralee Quintana
eXp Realty

Listing ID: 41861629
Date on Market: 8/24/2026
Last Updated:
Address: 9201 Central Ave NW, Albuquerque, NM 87121

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Map

9201 Central Ave NW, Albuquerque, NM for sale Building Photo- Image 1 of 15 — 108 Spaces

9201 Central Ave NW, Albuquerque, NM for sale Building Photo- Image 2 of 15 — Main Office

9201 Central Ave NW, Albuquerque, NM for sale Building Photo- Image 3 of 15 — RV

9201 Central Ave NW, Albuquerque, NM for sale Primary Photo- Image 4 of 15 — Primary Photo

9201 Central Ave NW, Albuquerque, NM for sale Building Photo- Image 5 of 15 — Palisades Spaces

9201 Central Ave NW, Albuquerque, NM for sale Building Photo- Image 6 of 15 — RV Spaces

9201 Central Ave NW, Albuquerque, NM for sale Building Photo- Image 7 of 15 — Onsite Laundry

9201 Central Ave NW, Albuquerque, NM for sale Building Photo- Image 8 of 15 — Route 66 Location

9201 Central Ave NW, Albuquerque, NM for sale Building Photo- Image 9 of 15 — 20260820_134127

9201 Central Ave NW, Albuquerque, NM for sale Building Photo- Image 10 of 15 — Hub Zone Qualified

9201 Central Ave NW, Albuquerque, NM for sale Building Photo- Image 11 of 15 — Screenshot_20260809_150054_Instagram (1)

9201 Central Ave NW, Albuquerque, NM for sale Building Photo- Image 12 of 15 — Park_Layout_Map

9201 Central Ave NW, Albuquerque, NM for sale Building Photo- Image 13 of 15 — Building Photo

9201 Central Ave NW, Albuquerque, NM for sale Building Photo- Image 14 of 15 — Building Photo

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Palisades RV Park Land | 9201 Central Ave NW

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