Property profile

2300 Main St Lovington, NM 88260

OFF-MARKET
Specialty properties
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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

Verified
Property type Specialty properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2300 Main St Lovington, NM 88260
Lovington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2300 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message