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Lovington, NM

Residential Income

Lovington, NM Residential Income Properties for Sale

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Tatum, NM

45-Site RV Park in Lovington

Updated: Apr 24, 2024

45-Site RV Park in Lovington

103 S 17th Street, Lovington, NM 88260

$1,400,000

High Cap Rate: Approximately 14.45% at the $1.4M asking price, generating an estimated NOI of $202,355.
Strong Revenue: Generates approximately $270,000 in annual gross revenue.
Location: Located in Lovington, New Mexico, in the heart of the Permian Basin oil and gas region, benefiting from strong demand from long‑term tenants in the energy industry.
Expansion Potential: Additional 20 acres of adjacent land available for purchase for future RV site expansion or workforce housing development.
Simple Operations: Operates with city water, sewer, and utilities, reducing operational complexity.

Lovington RV Park with Expansion

Updated: Jul 18, 2024

Lovington RV Park with Expansion

103 S 17th Street, Lovington, NM 88260

$1,400,000

5.00 AC lot

Turnkey RV park with 45 spaces currently generating income
Significant expansion potential with an additional 20 acres available
City utilities provide a reliable and convenient infrastructure
Current rental income of $600/month per space
Owner financing available

Commercially Zoned Land For Sale

Commercially Zoned Land For Sale

TBD Urlacher Drive Drive, Lovington, NM 88260

$250,000

1.77 AC lot

Commercially zoned land suitable for various business ventures.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 3 Active listings in Lovington, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 21 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two Homes on 1.77 Acres

Two Homes on 1.77 Acres

825 E Santa Fe Street, Hobbs, NM 88240

$299,000

1,260 sqft · 1.77 AC lot

Two residences with potential for rental income and future development.

Fourplex with Four 2BR Units

Fourplex with Four 2BR Units

703 W Calle Sur, Hobbs, NM 88240

$350,000

A fourplex with four 2-bedroom, 1-bath units, including two ground-level accessible apartments.

RV Park Investment Opportunity

RV Park Investment Opportunity

380 N County Rd 205, Seminole, TX 79360

$130,000

5.10 AC lot

RV park with spaces and mobile home hook-ups.

RV Park Investment Opportunity

RV Park Investment Opportunity

Cr 205 N Quail Run, Seminole, TX 79360

$140,000

5.01 AC lot

5.01 acre RV park with hook-ups for sale.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Vacant Land for Residential or Commercial

Vacant Land for Residential or Commercial

Dencoe Drive, Lovington, NM 88260

$45,000

0.14 AC lot

Vacant undeveloped lot with nearby utilities, offering flexibility for residential or commercial development after due diligence.

10 Acres Near State Line

10 Acres Near State Line

Seminole, TX 79360

$75,000

10.01 AC lot

10-acre tract near NM/TX line with open space.

Residential Land in Seminole, TX

Residential Land in Seminole, TX

Seminole, TX 79360

$50,000

1.17 AC lot

1.17 acres of land for custom homes near Seminole.

Unrestricted Land Near Denver City

Unrestricted Land Near Denver City

County Road 217, Denver City, TX 79323

$95,000

10.01 AC lot

10 acres of unrestricted land between Denver City and Seagraves.

Off-Market Properties in Lovington, NM

Consider similar Off-Market properties in Lovington, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1900 2nd St Trlr, Unit 8

MOBILE HOME PARK, TRAILER PARK

1900 2nd St Trlr, Lovington, NM 88260-2822

Unit 8

Value Estimation by Request

980 sqft

MOBILE HOME PARK, TRAILER PARK

114 Elm Ave, Lovington, NM 88260-2831

Value Estimation by Request

1,056 sqft

MOBILE HOME PARK, TRAILER PARK

219 Forrest St, Lovington, NM 88260-2850

Value Estimation by Request

1,216 sqft

Farms

0 Water Ave, Lovington, NM 88260

Value Estimation by Request

50.00 AC lot

1442 State Hwy 206

MOBILE HOME PARK, TRAILER PARK

1442 State Hwy 206, Lovington, NM 88260-8454

Value Estimation by Request

924 sqft

102 Juniper Ave

MOBILE HOME PARK, TRAILER PARK

102 Juniper Ave, Lovington, NM 88260-2337

Value Estimation by Request

840 sqft · 0.02 AC lot

MOBILE HOME PARK, TRAILER PARK

217 Forrest St, Lovington, NM 88260-2850

Value Estimation by Request

924 sqft

MOBILE HOME PARK, TRAILER PARK

206 Forrest St, Lovington, NM 88260-2850

Value Estimation by Request

924 sqft · 0.02 AC lot

MOBILE HOME PARK, TRAILER PARK

216 Forrest St, Lovington, NM 88260-2850

Value Estimation by Request

1,024 sqft

MOBILE HOME PARK, TRAILER PARK

113 Elm Ave, Lovington, NM 88260-2853

Value Estimation by Request

784 sqft

MOBILE HOME PARK, TRAILER PARK

215 Elm Ave, Lovington, NM 88260-2834

Value Estimation by Request

1,088 sqft

MOBILE HOME PARK, TRAILER PARK

203 Elm Ave, Lovington, NM 88260-2843

Value Estimation by Request

720 sqft

MOBILE HOME PARK, TRAILER PARK

218 Elm Ave, Lovington, NM 88260-2842

Value Estimation by Request

980 sqft

MOBILE HOME PARK, TRAILER PARK

115 Elm Ave, Lovington, NM 88260-2853

Value Estimation by Request

1,280 sqft

MOBILE HOME PARK, TRAILER PARK

116 Elm Ave, Lovington, NM 88260-2831

Value Estimation by Request

1,216 sqft

MOBILE HOME PARK, TRAILER PARK

111 Elm Ave, Lovington, NM 88260-2853

Value Estimation by Request

994 sqft

MOBILE HOME PARK, TRAILER PARK

205 Elm Ave, Lovington, NM 88260-2843

Value Estimation by Request

784 sqft

1900 2nd St Trlr, Unit 20

MOBILE HOME PARK, TRAILER PARK

1900 2nd St Trlr, Lovington, NM 88260-2827

Unit 20

Value Estimation by Request

1,280 sqft

1900 2nd St Trlr, Unit 19

MOBILE HOME PARK, TRAILER PARK

1900 2nd St Trlr, Lovington, NM 88260-2822

Unit 19

Value Estimation by Request

1,056 sqft

1200 Love St Trlr, Unit 38

MOBILE HOME PARK, TRAILER PARK

1200 Love St Trlr, Lovington, NM 88260-2838

Unit 38

Value Estimation by Request

924 sqft

318 Ave R A Trlr A

MOBILE HOME PARK, TRAILER PARK

318 Ave R A Trlr A, Lovington, NM 88260-5746

Value Estimation by Request

1,120 sqft

Lovington, NM Residential Income Properties Market Trends and Statistics

Explore 24 residential income properties for sale in Lovington, NM, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $3,050,000.

Sale prices for residential income properties in Lovington, NM start at $250,000, averaging $1,016,666, and reaching up to $1,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 15K

Population Growth (5Y) +1.8%

Median Household Income $75,197

College Educated 23.2%

High-Yield Neighborhoods for Investment

Identify Lovington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
88260	$1M

Taxes & Financing

Tax Rate (average for all types) 2.88%

Property Tax per SF $0.55 per SF

Tax Rate vs County Average 0.18 pp above county avg

Average Loan-to-Value 65.0%

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