817 3 St Jal, NM 88252
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 817 3 St
- Year built
- 1978
- Property type
- Specialty properties
Description
Discover a lucrative investment opportunity in Jal, New Mexico, with this well-maintained six-space RV park. Built in 1978, this property is currently generating income through both long-term and short-term rentals, catering to the local workforce. Each of the six RV spaces provides ample room and essential hookups, ensuring tenant comfort and convenience. The property also includes a mobile home, adding to its overall value and rental potential. Located at 817 N Third Street, Jal, NM 88252 (Lea County), this special-purpose property presents a compelling chance to capitalize on the area's rental market. The asking price is $237,500. This established business offers a stable income stream and significant potential for future growth. The property's location in Jal provides easy access to local amenities and services, making it an attractive option for both short-term and long-term renters. This turnkey operation requires minimal management, making it an ideal investment for both seasoned investors and those new to the real estate market. The property's solid construction and consistent rental history make it a low-risk, high-reward investment opportunity. Don't miss this chance to acquire a profitable and well-established RV park in a growing New Mexico community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jal
- County
- Lea
- State
- New Mexico
- Longitude
- -103.194
- Latitude
- 32.1242
