26
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Listed by Bryan D Crawford Real Broker, LLC
$1,600,000
Est. payment /mo
Pending
4336 US 64 Kirtland, NM 87417
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Key Details
Property Type Mobile Home
Sub Type Mobile Home Park
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 26-37
Property Sub-Type Mobile Home Park
Source San Juan County Board of REALTORS®
Property Description
Turnkey RV & Mobile Home Park Investment in Kirtland, NM - 9% Cap Rate & Strong Cash Flow
Rare opportunity to own a well-performing RV and mobile home park in Kirtland, New Mexico. This property offers stable income, reliable occupancy, and significant upside through rent adjustments.
Property Features:
30 RV spaces - consistently near full, with only 1-2 vacancies monthly. Two sites currently occupied by a park-owned mobile home ($800/month).
20 single-wide mobile home lots - stable, with no vacancies or evictions in over a year.
7 manufactured homes - including one double-wide, renting at market-friendly rates.
2 site-built houses - both well-maintained; estimated rental value $1,100-$1,200/month each.
Financials (2024):
Rental Income: $263,191.70
Operating Expenses: $116,579.82
Capital Expenditures: $18,107.98
Net Operating Income: $146,611.88
Asking Price: $1,600,000
Cap Rate: 9.16% (8.03% net of CapEx)
Cash-on-Cash Return (25% Down): 36.65%
Upside Potential: Current lot rents are below market at $290-$330/month. Nearby parks charge $380-$450/month for smaller spaces with full hookups. Adjusting to market rents presents immediate revenue growth.
Occupancy Stability:
Mobile home side - no turnover in the past year.
RV park - steady demand with ≈3 monthly turnovers but consistently full.
Why Invest Here:
✔ Diverse income from RV spaces, manufactured homes, and two site-built houses
✔ Consistent occupancy with reliable long-term tenants
✔ Strong returns and immediate rent growth opportunity
✔ Turnkey operation with clear financial records
This cash-flowing RV and mobile home park in San Juan County, NM combines stability with upside—perfect for investors seeking both immediate returns and long-term growth.
📍 Call today to request full financials or schedule a private tour.
Rare opportunity to own a well-performing RV and mobile home park in Kirtland, New Mexico. This property offers stable income, reliable occupancy, and significant upside through rent adjustments.
Property Features:
30 RV spaces - consistently near full, with only 1-2 vacancies monthly. Two sites currently occupied by a park-owned mobile home ($800/month).
20 single-wide mobile home lots - stable, with no vacancies or evictions in over a year.
7 manufactured homes - including one double-wide, renting at market-friendly rates.
2 site-built houses - both well-maintained; estimated rental value $1,100-$1,200/month each.
Financials (2024):
Rental Income: $263,191.70
Operating Expenses: $116,579.82
Capital Expenditures: $18,107.98
Net Operating Income: $146,611.88
Asking Price: $1,600,000
Cap Rate: 9.16% (8.03% net of CapEx)
Cash-on-Cash Return (25% Down): 36.65%
Upside Potential: Current lot rents are below market at $290-$330/month. Nearby parks charge $380-$450/month for smaller spaces with full hookups. Adjusting to market rents presents immediate revenue growth.
Occupancy Stability:
Mobile home side - no turnover in the past year.
RV park - steady demand with ≈3 monthly turnovers but consistently full.
Why Invest Here:
✔ Diverse income from RV spaces, manufactured homes, and two site-built houses
✔ Consistent occupancy with reliable long-term tenants
✔ Strong returns and immediate rent growth opportunity
✔ Turnkey operation with clear financial records
This cash-flowing RV and mobile home park in San Juan County, NM combines stability with upside—perfect for investors seeking both immediate returns and long-term growth.
📍 Call today to request full financials or schedule a private tour.
Location
State NM
County San Juan
Area Kirt/Fruit N 64
Direction {\"Directions to Prprty\":true}
Interior
Heating Natural Gas, Forced Air
Exterior
Utilities Available Other
Garage No
Building
Faces {\"Directions to Prprty\":true}
Others
Pets Allowed No
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