Turnkey RV & Mobile Home Park Investment in Kirtland, NM - 9% Cap Rate & Strong Cash FlowRare 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, 191.70Operating Expenses: $116, 579.82Capital Expenditures: $18, 107.98Net Operating Income: $146, 611.88Asking Price: $1, 600, 000Cap 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 recordsThis 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.
