Contact Information
Mobile Home Park Details
- Price: $400,000
- Cap Rate: 12.9% (Actual)
- Listing ID: 7008085
- Posted On: Feb 5, 2026
- Updated On: Feb 5, 2026
Description
- Two Properties Located Near Ruidoso, NM
- 40 +/- Mobile Home Lots
- 100% Lot Rent With Rent Increase Upside
- Opportunity for Infill and Expansion
- Assets Can Be Purchased Separately or as a Portfolio
- Disclosure: Safe Haven Located in Flood Zone and Survey Necessary to Determine How Many Lots
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Park Information
| Number of MH Lots: | 20 |
Financial Information (Actual)
| Gross Income: | $88,837 |
| Operating Expense: | $37,433 |
| Net Operating Income: | $51,404 |
| Expense Ratio: | 42.1 % |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |