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    51 Whiskey Cr Airport Rd Silver City, NM 88061

    Sponsored
    For Sale
    $2,260,850

    Prime NM Mobile Home Park, High NOI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 549.58-acre mobile home park in Silver City, New Mexico, presents a compelling investment opportunity. Currently boasting 43 units with 90% occupancy, the park generates a strong pro-forma NOI of $133,404. Recent significant improvements include a complete electrical renovation, upgraded water infrastructure to all sites, and road improvements. Two new sites, complete with septic, electrical, and water hookups, are ready for immediate occupancy. The park uniquely accommodates RVs and qualified camper trailers. Lots range from half-acre to full-acre, offering breathtaking mountain views and justifying premium rental rates. A key differentiator is the inclusion of an additional 379 acres, providing substantial potential for future development and significant NOI growth. The property is located at 51 Whiskey Cr Airport Rd, Silver City, NM 88061, and is offered at $2,260,850. This is a rare opportunity to acquire a well-maintained, high-performing mobile home park with significant expansion potential in a desirable location. The existing infrastructure and large lot sizes provide a solid foundation for continued success and future development. The combination of high occupancy, recent improvements, and substantial undeveloped land makes this a truly unique investment.

    Property Features for 51 Whiskey Cr Airport Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    23,939,705 SF

    Building Details

    Units
    43

    HighLights

    • Asking Price: $2,260,850
    • Property Type: 43‑unit Mobile Home Park on 549.58 acres in Silver City, NM
    • 90% Occupancy
    • Pro‑Forma NOI: $133,404
    • Recently renovated infrastructure including electrical, water, and roads, plus two new sites prepared for mobile homes. Additional 379 acres for future development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Silver City
    County
    Grant
    State
    New Mexico
    Longitude
    -108.2099363
    Latitude
    32.7659654

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    FAQs

    What type of property is this?
    Multifamily property - Prime NM Mobile Home Park, High NOI
    Where is this multifamily property located?
    The property is located at 51 Whiskey Cr Airport Rd Silver City, NM.
    What is the asking price?
    The asking price for this property is $2,260,850.
    What are key features of this property?
    This property features: Asking Price: $2,260,850; Property Type: 43-unit Mobile Home Park on 549.58 acres in Silver City, NM; 90% Occupancy
    Request Owner's contact information
    51 Whiskey Cr Airport Rd Silver City, NM 88061
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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
    51 Whiskey Cr Airport Rd Silver City, NM 88061
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