Multi-Parcel Mobile Home Park
1 ROAD 6478 1 #1 10 2 21 25 26 30 5 6 Kirtland, NM 87417
For Sale
Contact for pricing
Established mobile home park with nine leased parcels, including eight manufactured homes and one land-only site with utilities.
Property Size8,648 SF
Lot Size9.00 Acres
Price / SF$105.23
Days on Market133
Property Features for 1 ROAD 6478 1 #1 10 2 21 25 26 30 5 6
General Information
- Standard status
- Active
- Size
- 8,648 SF
- Lot size
- 9.00 Acres
- Property subtype
- Multifamily
Listing Agency:
San Juan Realty
(505) 360-9814
Listed By:
Tianna King · License #REC20230425
Source:
Crexi
Added: Mar 13
Changed: Jul 21
Last Checked: Jul 22 at 11:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of San Juan Realty
Investment Insights
Based on property information with market context.
An established multi-parcel mobile home park offering nine individually leased sites. Eight parcels include 2012 Clayton manufactured homes, each with 3 bedrooms and 2 bathrooms, with two homes approximately 868 sq ft and six homes approximately 1,152 sq ft. The ninth parcel is leased as land only. Each parcel ranges from approximately 0.90 to 1 acre and includes individual septic systems plus water and electric connections, which can simplify day-to-day management by keeping utilities independent for each tenant space.
The property is located in Kirtland, New Mexico, and is presented as a multi-parcel setup designed for straightforward leasing across separate homes and one land-only lease.
P&L information is available upon request, and buyers should verify square footage of the manufactured homes.
The property is located in Kirtland, New Mexico, and is presented as a multi-parcel setup designed for straightforward leasing across separate homes and one land-only lease.
P&L information is available upon request, and buyers should verify square footage of the manufactured homes.
Key Highlights
- Nearly 9‑acre mobile home park with nine leased parcels in Kirtland, NM
- Nine parcels: eight leased with 2012 Clayton manufactured homes plus one land‑only leased site
- 2012 homes are 3 bed/2 bath; two are ~868 SF and six are ~1,152 SF (buyer to verify)
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $127.6k | $14.76 |
| − Vacancy | −$10.3k | −$1.20 |
| EGI | $117.3k | $13.56 |
| − OpEx | −$52.8k | −$6.10 |
| NOI | $64.5k | $7.46 |
8,648 SF · lease $14.76/SF/yr · vacancy 8.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$921.7K
$806.5K – $1.08M
NOI $64,518 @ 7.0% cap · market cap 7.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,232 @ 7.0% cap · market cap 13.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
FAQs
What type of property is this?
Mobile home & RV park - Established mobile home park with nine leased parcels, including eight manufactured homes and one land-only site with utilities.
Where is this mobile home & rv park located?
The property is located at 1 ROAD 6478 1 #1 10 2 21 25 26 30 5 6 Kirtland, NM.
What is the asking price?
The asking price for this property is $910,000.
What are key features of this property?
This property features: Nearly 9‑acre mobile home park with nine leased parcels in Kirtland, NM; Nine parcels: eight leased with 2012 Clayton manufactured homes plus one land‑only leased site; 2012 homes are 3 bed/2 bath; two are ~868 SF and six are ~1,152 SF (buyer to verify)
