178-Site RV
New
For Sale
$3,850,000
1211 W Rose St, Carlsbad, NM 88220
Modern park with RV spaces, modular home sites, and park-owned duplex rentals.
Property SizeContact for details
Lot Size17.11 Acres
Days on Market4
Property Features for 1211 W Rose St
General Information
Standard status
Active
Lot size
17.11 Acres
Property subtype
RV Park
Occupancy
89%
Additional Details
Utilities to Site
Yes
Amenities
178 Total Sites Priced at 14.13% Cap Rate Upon Entry
Lot Rent Recently Increased $50 per Month Across All Sites
31% Day-One Cash-on-Cash Return Utilizing Financing
Asset Operates on City Water and Sewer With Park Paying All Utilities
Opportunity for Expansion and Improvement of Individual Sites
Located in the North Zone of Delaware Basin – The Highest Producing Oil Region in the World
Building Details
Year Built
2018
Listing Agency:
(817) 932-6164
Listed By:
Skyler Henderson · License #License(s): TX: 747182
(817) 932-6164
Source:
Marcusmillichap
Added: Aug 14
Changed: Aug 15
Last Checked: Aug 17 at 3:51AM
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 Skyler Henderson
Investment Insights
Based on property information with market context.
This RV and manufactured housing community in Carlsbad includes 178 sites across 17.11 acres. The configuration comprises 161 RV lots, 15 modular home lots, and two duplex rentals owned by the park. Constructed in 2018, the property offers a combination of leased sites and residential rental units.
Municipal water and sewer serve the community. Ownership covers utility costs other than electricity, which is billed back to certain tenants. The property is located at 1211 W Rose St in Carlsbad, New Mexico, providing an established operating format for RV and manufactured housing occupancy.
Municipal water and sewer serve the community. Ownership covers utility costs other than electricity, which is billed back to certain tenants. The property is located at 1211 W Rose St in Carlsbad, New Mexico, providing an established operating format for RV and manufactured housing occupancy.
Key Highlights
- 178 total sites across 17.11 acres
- 161 RV lot rents
- 15 modular home lot rents
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
222
Businesses Nearby
Explore this area
Business Placement
Demographics for 88220, NM
40,762
Population
17,692
Households
2.3
Avg Household Size
36
Median Age
20%
College-Educated
84%
High-School Grad
1,907.6 sq mi
ZIP Area
21
Density / Sq Mi
$79,668
Median Household Income
$45,302
Median Earnings
$1,218
Median Rent
$192,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Modern park with RV spaces, modular home sites, and park-owned duplex rentals.
Where is this mobile home & rv park located?
The property is located at 1211 W Rose St Carlsbad, NM.
What is the asking price?
The asking price for this property is $3,850,000.
What are key features of this property?
This property features: 178 total sites across 17.11 acres; 161 RV lot rents; 15 modular home lot rents
