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    Caballo, NM
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    Caballo, NM Multifamily Properties for Sale

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    Arrey, NM Truth Or Consequences, NM Elephant Butte, NM Salem, NM Hillsboro, NM Hatch, NM Rincon, NM
    RV Park and Store with Mobile Home
    Updated: Dec 12, 2025
    RV Park and Store with Mobile Home

    14422 Highway 187, Caballo, NM 87931

    $470,000
    2.50 AC lot
    14 RV spots with full electric and water hookups plus septic connections
    Four dry dock storage spaces
    On‑site mobile home that can be lived in or rented out
    Store with two walk‑in coolers, bathroom, refrigerated air, and central heating
    Two carports and parking lot area
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Caballo, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Apartment Building with Solar Panels
    Apartment Building with Solar Panels

    311 Hurt Road, Las Cruces, NM 88007

    $800,000
    2.71 AC lot

    Five income-producing units with solar power and on-street and carport parking.

    View details
    Historic Hot Springs Hospitality Property
    Historic Hot Springs Hospitality Property

    516 Austin St, Truth Or Consequences, NM 87901

    Contact for pricing
    5,528 sqft

    Multifunction hospitality property featuring renovated hot springs, five short-term rental units, and seven long-term residences.

    View details
    Hoosier Hot Springs & Inn
    Hoosier Hot Springs & Inn

    516 Austin St, Truth Or Consequences, NM 87901

    Contact for pricing
    5,528 sqft

    Historic hot springs and inn with short and long-term rentals.

    View details
    Duplex Income Property
    Duplex Income Property

    705 Cactus #1 & 2, Las Cruces, NM 88001

    $295,000

    Two-unit duplex with each side offering three bedrooms and two bathrooms.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Half-Acre Lot with Mountain Views
    Half-Acre Lot with Mountain Views

    Sunrunner Avenue, Las Cruces, NM 88012

    $62,500
    0.50 AC lot

    Half-acre lot with Organ Mountain views, mobile homes welcome.

    View details
    Land in Las Cruces, NM
    Land in Las Cruces, NM

    7563 El Centro Boulevard, Las Cruces, NM 88012

    $133,500
    4.04 AC lot

    4.04 acre lot zoned for house or mobile home.

    View details
    Spacious Lot with Mountain Views
    Spacious Lot with Mountain Views

    9200 El Centro Boulevard lot: 4, Las Cruces, NM 88012

    $86,000
    1.00 AC lot

    1.16-acre lot with mountain views, ready for your dream home.

    View details
    Land with Potential Utility Access
    Land with Potential Utility Access

    26 White Mountain Road, Tularosa, NM 88352

    $40,000
    2.71 AC lot

    2+ acre land near Alamogordo, NM, sold as-is.

    View details

    Caballo, NM Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Caballo, NM on our real estate platform.

    Sale prices for multifamily properties in Caballo, NM average $470,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Mobile home & RV parks 1

    Demographics Overview

    Population 512
    Population Growth (5Y) -33.3%
    College Educated 41.4%

    High-Yield Neighborhoods for Investment

    Identify Caballo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    87931 $470K

    Listings Trend

    New vs delisted commercial listings in Sierra County

    New Delisted

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    Most Searched ZIP Codes in Caballo, NM

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