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    26536 Us-70 Ruidoso Downs, NM 88346

    • Mobile home & RV parks
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Mobile home & RV parks

    Property Details for 26536 Us-70

    Year built
    1978
    Property type
    Mobile home & RV parks

    Description

    This exceptional investment opportunity presents a portfolio of two mobile home parks in Ruidoso Downs, New Mexico, totaling 147 lots. Located on US Highway 70, these properties enjoy convenient access to the local ski mountain and boast a strong local economy. The portfolio comprises a mix of mobile home and RV sites (46% MH, 54% RV), strategically situated just one minute apart for efficient management. Built in 1978, the parks are well-maintained and offer significant upside potential through rental rate increases and occupancy improvements. The current Net Operating Income (NOI) stands at $393,895, yielding an attractive 8.75% capitalization rate. City water, sewer, and trash services are included in the lot rent, simplifying operations. The asking price for this lucrative portfolio is $4,500,000. This is a rare opportunity to acquire a substantial, well-positioned mobile home park portfolio with proven income and considerable growth potential in a desirable New Mexico location. The properties are located at 26536 and 26595 US-70, Ruidoso Downs, NM 88346.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ruidoso Downs
    County
    Lincoln
    State
    New Mexico
    Longitude
    -105.565
    Latitude
    33.3478

    Comparable in this City

    • Value Estimation by Request
      980 SF

      Ruidoso Downs, NM 88346

      MOBILE HOME PARK, TRAILER PARK • 980 SF
      Ruidoso Downs, NM 88346
      View Details
    • Value Estimation by Request
      1,280 SF

      Ruidoso Downs, NM 88346

      MOBILE HOME PARK, TRAILER PARK • 1,280 SF
      Ruidoso Downs, NM 88346
      View Details
    • Value Estimation by Request
      1,280 SF

      Ruidoso Downs, NM 88346

      MOBILE HOME PARK, TRAILER PARK • 1,280 SF
      Ruidoso Downs, NM 88346
      View Details
    • Value Estimation by Request
      612 SF

      26377 Us Hwy 70

      MOBILE HOME PARK, TRAILER PARK • 612 SF
      26377 Us Hwy 70, Ruidoso Downs, NM 88346-9152
      View Details
    • Value Estimation by Request
      980 SF

      26536 Us Hwy 70

      MOBILE HOME PARK, TRAILER PARK • 980 SF
      26536 Us Hwy 70, Ruidoso Downs, NM 88346-9436
      View Details
    • Value Estimation by Request
      980 SF

      Ruidoso Downs, NM 88346

      MOBILE HOME PARK, TRAILER PARK • 980 SF
      Ruidoso Downs, NM 88346
      View Details
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    26536 Us-70
    Ruidoso Downs, NM 88346
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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