Property summary
This exceptional investment opportunity presents a thriving 24-space RV park located at 2300 S Main Street, Lovington, New Mexico, zip code 88260. The property is priced at $399,000 and offers significant potential for income generation. Currently, each of the 24 RV spaces is rented at a monthly rate of $400, providing a substantial and consistent revenue stream. The park is conveniently situated and connected to city utilities, ensuring reliable service for residents. This turnkey operation minimizes operational complexities and allows for immediate income generation. The property's location in Lea County, New Mexico, offers easy access to local amenities and attractions. A key advantage is the availability of owner financing, making this an attractive proposition for investors seeking flexible payment options. This well-established RV park presents a rare opportunity to acquire a profitable business with strong rental income and the potential for future growth. The property is classified as Special Purpose and is ready for immediate ownership. Don't miss this chance to own a successful and established RV park in a desirable location. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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