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    101 Calle Del Norte Chaparral, NM 88081

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    For Sale
    $700,000

    Mobile home park with income and expansion potential in Otero County.

    Lot size:
    3.11 Acres

    Property Features for 101 Calle Del Norte

    General Information

    Lot size
    3.11 Acres

    Source: Team Juan Uribe Agent Juan Uribe

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mobile Home Park Investment Opportunity

    This mobile home park in Otero County presents an investment opportunity. The property features 6 fully rented trailers, generating an annual income of $42,600. There is potential to add 5 more spaces at $400 per month, offering room for increased revenue. The property benefits from no zoning restrictions, offering flexibility for future development. This allows for expansion or the enjoyment of consistent cash flow in a desirable location.
    Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Daycare Center Grocery Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Chaparral
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.359604
    Latitude
    32.005786

    Nearby Similar for Sale

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      Mobile Home Park Opportunity

      Mobile home park with income and expansion potential in Chaparral.
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      Family Dollar Investment Opportunity

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    FAQs

    What type of property is this?
    Mobile home & RV park - Mobile home park with income and expansion potential in Otero County.
    Where is this mobile home & rv park located?
    The property is located at 101 Calle Del Norte Chaparral, NM.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - Stable annual income of $42,600 from 6 fully rented trailers.; - Potential to increase annual income by $24,000 by adding 5 more spaces.; - No zoning restrictions, offering flexibility for future development.
    (915) 479-5151
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    101 Calle Del Norte Chaparral, NM 88081
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    Chaparral, NM 88081
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 Calle Del Norte Chaparral, NM 88081
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