2200 Chapparal Ave Clovis, NM 88101
- Mobile home & RV parks
Current Use by Public Records
- Mobile home & RV parks
Property Details for 2200 Chapparal Ave
- Property type
- Mobile home & RV parks
- Property subtype
- Campgrounds
Description
This exceptional investment opportunity presents a thriving RV and mobile home park in Clovis, New Mexico, located at 2200 Chapparal, zip code 88101. The property encompasses approximately 105 spaces, with roughly 62 currently occupied mobile home sites. All existing mobile homes are tenant-owned, with individual water and electric meters. The park's owner manages water, sewer, and trash billing, with reimbursement from tenants; electricity is billed directly to tenants. An on-site office building includes an attached shop, and existing infrastructure for laundry facilities is in place. Significant upside potential exists through adding RV spaces and filling vacant mobile home lots with park-owned units. The property also includes a vacant parcel of land west of Parkview Elementary School, offering further expansion possibilities. The asking price for this multifamily property is $1,750,000. This turnkey operation provides a strong foundation for immediate income generation and substantial long-term growth. The property's location in Curry County, New Mexico, offers a stable market for this type of investment. This is a rare opportunity to acquire a well-established park with considerable room for improvement and expansion.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clovis
- County
- Curry
- State
- New Mexico
- Longitude
- -103.174
- Latitude
- 34.4089
