872 State Line dr - Manufactured Housing/Mobile Housing FOR SALE


Chaparral, NM 88081
$800,000 USD
915-479-5151
872 State Line dr, Chaparral, NM for Sale
$800,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/8
null | Request Cap Rate

872 State Line dr
Chaparral, NM 88081


HIGHLIGHTS

  • 2025 Property Taxes: $949.00
  • 6 Trailers Currently Generating $42,600 Annually
  • Potential to Add 5 More Spaces, Increasing Income by $24,000 Annually
  • No Zoning Restrictions in Otero County
  • Prime Location for Future Growth
  • Frontage on Two Streets, State Line Rd and Calle Del Norte

OVERVIEW

Great investment opportunity in beautiful Otero County! This mobile home park features 5 fully rented trailers, generating a stable income of $42,600 annually. With the potential to add 5 more spaces at $400 per month, there’s room for significant growth and increased revenue. The property benefits from no zoning restrictions, offering flexibility and ease for future development. Whether you're looking to expand or enjoy the consistent cash flow, this is a prime opportunity to own a mobile home park in a desirable location. Key Features: 5 trailers currently generating $42,600 annually Potential to add 5 more spaces, increasing income by $24,000 annually No zoning restrictions in Otero County Prime location for future growth

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$80 USD /SF

# OF UNITS

7

PRICE/UNIT

$114,286

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mobile Home Park in Chaparral, NM

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.59 AC

LAND SF

69,260 SF

ZONING

No Zoning

APN/PARCEL ID

R051317

ASK ABOUT THIS PROPERTY

Juan UribeTeam Juan Uribe LLCMore Info
915-479-5151

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Juan UribeTeam Juan Uribe LLCMore Info
915-479-5151

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.