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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
UPDATED:
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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REVIEWS
Rouillé Atcitty
Ryan has been very thorough and clear about every step along the way when selling our house. He was available at any time and very quick to respond. He was clear and concise, never left us hanging. He made selling our house. Even when there was a snag, he was very thorough and made sure we understood. He is definitely a go getter. Thank you soo much Ryan!!
Liz A
Ryan was awesome to work with. Super friendly and professional. He showed us many, many homes, and listened to our likes and dislikes as we went along. He kept us informed throughout the whole process. I highly recommend Ryan for your real estate needs. He’ll take care of you. 😁
Stetson Schmitz