5 Romero ParkPecos, NM 87552

For Sale
$759,000

High-Yield Mobile Home Park with Expansion Potential

Overview

Added:
Feb 3
Days on market:
39
This exceptional mixed-use property in Pecos, New Mexico presents a lucrative investment opportunity. Spanning 4.1 acres, the property boasts a fully occupied mobile home park with nine spaces generating consistent rental income. In addition to the mobile home leases, the property includes a valuable RV spot, and a versatile metal building—previously rented—suitable for use as a workshop or garage, complete with a half bathroom. This diverse income stream provides immediate returns and significant potential for future growth. The property's strategic location in the scenic Pecos area offers a desirable setting for residents. Furthermore, the property benefits from pre-approved expansion plans by San Miguel County, allowing for the development of additional units on the rear portion of the 4.1-acre lot. This approval significantly enhances the property's long-term value and potential for increased profitability. The existing infrastructure, combined with the expansion possibilities, makes this a rare find in the New Mexico market. The 576 square foot metal building adds to the property's versatility and income potential. This turnkey investment is ideal for those seeking a stable, high-yield asset with significant upside. The property's current occupancy rate and approved expansion plans offer a compelling combination of immediate returns and future growth potential. This is a truly unique opportunity to acquire a thriving business with substantial room for expansion in a picturesque New Mexico setting. The asking price is $759,000.

Property Details for 5 Romero Park

Property type
Mixed-use properties, Other mixed-use properties
Square Feet
576 SF
Year Built
2022
Lot Size (sq. ft)
178,596 SF

Location Insight

City
Pecos
County
San Miguel
State
New Mexico
Latitude
35.5709
Longitude
-105.696
5 Romero Park, Pecos, New Mexico

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5 Romero Park
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