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103 17Th St Lovington, NM 88260

For Sale
$900,000

Established RV Park, 45 Spaces, Expansion Potential

Description

Added:
Feb 3, 2025
Days on Market:
309
This exceptional investment opportunity presents a thriving RV park located at 103 S 17th Street, Lovington, NM. The property encompasses approximately 5 acres of developed land, currently hosting 45 RV spaces, each generating a monthly rental income of $450. This translates to a substantial existing revenue stream. A significant advantage is the property's connection to city utilities, eliminating the complexities and costs often associated with rural utility infrastructure. The current setup offers a turnkey operation, ideal for an immediate return on investment. However, the true potential lies in the expansive 20-acre parcel located directly behind the existing park. This substantial acreage provides ample room for significant expansion, allowing for the addition of more RV spaces, amenities, or other complementary businesses. The strategic location in Lovington, NM, offers access to local amenities and attractions, further enhancing the appeal to potential RV park residents. This is a rare chance to acquire a well-established, income-producing property with considerable growth potential. The asking price for this turnkey operation is $900,000. This represents a compelling investment opportunity in a growing market. Serious inquiries are encouraged.

Property Features for 103 17Th St

General Information

Property type
Other commercial real estate

Property Profile Insight Report Location Intelligence

Current Use by Public Records

EnergyPlex RV Park Rv Park

Suggested Use

Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lovington
County
Lea
State
New Mexico
Longitude
-103.3664
Latitude
32.948

FAQs

What type of property is this?
Commercial real estate - Established RV Park, 45 Spaces, Expansion Potential
Where is this commercial real estate located?
The property is located at 103 17Th St Lovington, NM.
What is the asking price?
The asking price for this property is $900,000.
More about this property
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