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Lovington RV Park with Expansion

103 S 17TH ST, Lovington, NM 88260

For Sale
$1,900,000

Turn-key RV park with expansion potential in Lovington, NM.

Property SizeContact for details
Lot Size5.00 Acres
Days on Market234

Property Features for 103 S 17TH ST

General Information

Standard status Active
Lot size 5.00 Acres
Listing Agency: Found Real Estate
Listed By: Matthew T Smith · License NM REC-2023-0297
Source: Homesteaders-realty
Added: Mar 26 Changed: Nov 7 Last Checked: Nov 12 at 6:48AM

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 Found Real Estate

Rey
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Investment Insights

Based on property information with market context.

This RV park in Lovington, New Mexico, features 45 spaces currently rented at $600 per month. The existing spaces are situated on approximately 5 acres. An additional 20 acres behind the current park are available for an extra $500,000, offering room for expansion. The property benefits from city utilities. This is a turn-key opportunity.

Key Highlights

  • Turnkey RV park with 45 spaces currently generating income
  • Significant expansion potential with an additional 20 acres available
  • City utilities provide a reliable and convenient infrastructure

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

159
Businesses Nearby

Demographics for 88260, NM

15,569
Population
5,474
Households
2.8
Avg Household Size
33
Median Age
15%
College-Educated
75%
High-School Grad
814.9 sq mi
ZIP Area
19
Density / Sq Mi
$75,197
Median Household Income
$40,356
Median Earnings
$1,081
Median Rent
$174,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Turn-key RV park with expansion potential in Lovington, NM.
Where is this mobile home & rv park located?
The property is located at 103 S 17TH ST Lovington, NM.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Turnkey RV park with 45 spaces currently generating income; Significant expansion potential with an additional 20 acres available; City utilities provide a reliable and convenient infrastructure
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