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OFF-MARKET
Mixed-use properties

5 Romero Park Pecos, NM 87552

576 SF 4.1 ac lot Built 2022
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Year built 2022
Total area 576 SF
Lot 4.1 ac (178,596 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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