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Property profile & analytics
OFF-MARKET
Commercial real estate

1101 Christopher Ln Hobbs, NM 88240

Property ID
US61-0854194
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving RV park situated on approximately 20 acres in Hobbs, New Mexico, at 1101 W Christopher Lane, zip code 88240. The property boasts 88 individual RV spaces, currently generating substantial revenue at an approximate rate of $500 per space. Adding to the income stream is a double-wide manufactured home on the property, leased for $1,000 per month. All city utilities are connected, ensuring convenient and reliable service for both the RV park occupants and the residents of the manufactured home. The property's location in Lea County offers easy access to local amenities and attractions, making it a desirable destination for RV enthusiasts. This turnkey operation presents a rare chance to acquire a well-established and profitable business with significant growth potential. The asking price for this exceptional investment is $1,275,000. Detailed financial records are available upon request. This is a truly remarkable opportunity for investors seeking a strong return on investment in a rapidly growing market. Don't miss out on this chance to own a thriving RV park in a prime location.

Property profile
Verified
Property type Commercial real estate
UPID US61-0854194
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Eagle RV Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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