2116 N Riverside Drive, Espanola, NM 87532

This 12.44-acre mobile home park, held within the same family for three generations, is located in Espanola, New Mexico. The property is positioned in an area with a mix of business, retail, and residential establishments, and is surrounded by national retailers and restaurants. Spanning from Riverside Drive to the Ohkay Owingeh Tribal Lakes, the property features two full accesses off Riverside Avenue. The park is 100% occupied with a strong rental history. It comprises 62 mobile home spaces (59 single and 3 double), an approximately 2,100 square foot, 3-bedroom, 2-bath home with an attached garage, a 3-bay shop, and a Quonset garage and shed. Each mobile home has separately metered gas, electric, sewer, and water. Most units include a park-owned 6' X 7' storage shed. The property includes two private roads off Riverside Drive, Calle Rancho Viejo and Calle Valdez. The Acequia Del Llano runs through the property, and the Acequia water rights convey with the property. The property offers an opportunity to further develop two of the seven parcels that make up this park. The surrounding market has an average annual household income of over $101,000 within a 50-mile radius between Espanola, Los Alamos, and Santa Fe. The employment base increases each year due to the proximity to Los Alamos and the Los Alamos National Labs.