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New Mexico, USA


NM / West TX Portfolio

Property Description

Jennifer Stein Real Estate, Inc. is pleased to showcase the rare opportunity to acquire three manufactured home / recreational vehicle communities in Ruidoso Downs & Silver City, NM totaling 217 pads. This portfolio provides a buyer with the opportunity to immediately improve value by increasing rents and filling vacant sites. The communities are all in quality condition and truly show pride of ownership. Lazy Dayz RV & MHP and Riverbend MHP consist of 147 sites - 67 MH, 79 RV, and 1 Stick-Built. Hillside Haven consists of 70 sites.

Investment Highlights

  • 7.7% cap rate

  • 217 Lots

  • Strong going in income

  • Upside on rents and infill

  • Strong local economy

Listed By

Joel Sachs

Joel Sachs

Senior Investment Advisor

(602) 830-0952

(505) 379-2792

Contact Agent

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