$1,600,000

4336 Us 64, Kirtland, NM

Name: 4336 Us 64, For Sale in Kirtland - eXp Commercial Brokerage
Brand: real broker, llc
SKU: 25-1142
Price: 1600000 CAD

Real Estate

For Sale

$--,---,---

000

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size -

Garage Yes

Taxes $11,619

Days Active 20

Lot Size

Approx. Age

MLS® Number 25-1142

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

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 &#8776;3 monthly turnovers but consistently full.Why Invest Here:&#10004; Diverse income from RV spaces, manufactured homes, and two site-built houses&#10004; Consistent occupancy with reliable long-term tenants&#10004; Strong returns and immediate rent growth opportunity&#10004; 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.&#128205; Call today to request full financials or schedule a private tour.Show Description

MLS® Number25-1142

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age

Basement

DrivewayGarage, Paved Area

Garage Spaces

HeatForced Air, Natural Gas

A/CEvaporative Cooling

Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

By checking this box, and clicking "Take a Tour", I am confirming that I have read and agree to Zoocasa's Data Processing & Privacy Policy, and to Zoocasa's Terms of Use.

By checking this box, and clicking "Take a Tour", I am electronically signing and consenting to receive marketing communications (about real estate brokerage services and one or more properties that I may buy, sell, or rent), that may be delivered to me via email, telephone and/or text messaging (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from Zoocasa, eXp Realty® and its independent contractor real estate agents, and/or its or their affiliates, using the contact information I provided. Consent is not a condition of purchase. I may opt-out at any time by emailing [email protected] or calling 1-844-683-4664.

Get notified of price or status changes by saving this listing