Property profile

2300 Main St Lovington, NM 88260

OFF-MARKET
Commercial real estate
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving 24-space RV park located at 2300 S Main Street in Lovington, New Mexico. Currently operating at full capacity, each space generates a monthly rental income of $400, providing a substantial and consistent revenue stream. The park is conveniently situated and connected to city utilities, ensuring reliable service for all occupants. This turnkey operation requires minimal ongoing maintenance, making it an ideal investment for passive income seekers. The property itself is situated on a lot with no acreage specified. The asking price for this established and profitable business is $350,000. Financial records are available upon request to qualified buyers to verify the current income and expenses. This represents a rare chance to acquire a well-established, income-producing asset in a desirable location. The strong rental demand and established infrastructure make this RV park a low-risk, high-reward investment opportunity. Serious inquiries only. Don't miss this chance to own a profitable and established business in the thriving community of Lovington, NM. Contact us today to schedule a viewing and explore the potential of this lucrative investment.

Property profile

Verified
Property type Commercial real estate

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
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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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
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