5 Romero Park Pecos, NM 87552

Property Details for 5 Romero Park

Year built

2022

Lot size

4.10 lot acres

Property size

576 SF

Property type

Mixed-use properties

Description

This exceptional mixed-use property in Pecos, New Mexico presents a lucrative investment opportunity. Spanning 4.1 acres, the property boasts a fully occupied mobile home park with nine spaces generating consistent rental income. In addition to the mobile home leases, the property includes a valuable RV spot, and a versatile metal building—previously rented—suitable for use as a workshop or garage, complete with a half bathroom. This diverse income stream provides immediate returns and significant potential for future growth. The property's strategic location in the scenic Pecos area offers a desirable setting for residents. Furthermore, the property benefits from pre-approved expansion plans by San Miguel County, allowing for the development of additional units on the rear portion of the 4.1-acre lot. This approval significantly enhances the property's long-term value and potential for increased profitability. The existing infrastructure, combined with the expansion possibilities, makes this a rare find in the New Mexico market. The 576 square foot metal building adds to the property's versatility and income potential. This turnkey investment is ideal for those seeking a stable, high-yield asset with significant upside. The property's current occupancy rate and approved expansion plans offer a compelling combination of immediate returns and future growth potential. This is a truly unique opportunity to acquire a thriving business with substantial room for expansion in a picturesque New Mexico setting. The asking price is $759,000.

Location Insight

City

Pecos

County

San Miguel

State

New Mexico

Longitude

-105.696

Latitude

35.5709