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    1134 Emerson St Raton, NM 87740

    For Sale
    $350,000

    21-pad RV park, excellent location, high potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional investment opportunity presents a 21-pad RV park situated on approximately 2.284 acres in Raton, New Mexico. Located at 1134 Emerson Street, this established park offers convenient access to two city streets, providing easy ingress and egress for residents. Built in 1977, the property boasts mature trees throughout, creating a pleasant and established atmosphere. The park features patios and walkways, ensuring comfortable resident experiences. All pads benefit from city utilities, including natural gas, internet, and landline access. Tenants are responsible for their own mobile homes, renting only the pad space. The landlord covers water and refuse services. The property's proximity to amenities, the highway, and a hospital enhances its appeal and potential for increased occupancy. This well-maintained park presents a strong cash flow opportunity with significant upside potential for a creative investor. The asking price is $350,000. This is a rare opportunity to acquire a profitable and established RV park in a desirable location. Don't miss out!

    Property Features for 1134 Emerson St

    General Information

    Property type
    Multifamily properties
    Lot Size
    99,491 SF

    Building Details

    Year Built
    1977

    HighLights

    • $350,000 asking price.
    • Multifamily property consisting of a 21‑pad RV/mobile home park.
    • Located on a 2.284‑acre lot in Raton, NM.
    • Built in 1977.
    • Tenants own mobile homes; rent includes water and refuse removal.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Raton
    County
    Colfax
    State
    New Mexico
    Longitude
    -104.4373065
    Latitude
    36.8864102

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    FAQs

    What type of property is this?
    Multifamily property - 21-pad RV park, excellent location, high potential.
    Where is this multifamily property located?
    The property is located at 1134 Emerson St Raton, NM.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 asking price.; Multifamily property consisting of a 21-pad RV/mobile home park.; Located on a 2.284-acre lot in Raton, NM.
    Request Owner's contact information
    1134 Emerson St Raton, NM 87740
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    Raton, NM 87740
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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
    1134 Emerson St Raton, NM 87740
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