2116 N Riverside Dr - Manufactured Housing/Mobile Housing FOR SALE


Espanola, NM 87532
$5,000,000 USD
505-982-4466
2116 N Riverside Dr, Espanola, NM for Sale
$5,000,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/35
null | Request Cap Rate

2116 N Riverside Dr
Espanola, NM 87532


HIGHLIGHTS

  • offers an amazing opportunity to further develop two of the 7 parcels that make up this park

OVERVIEW

The property is 100% occupied, with a strong rental history over the years. The property is composed of 62 mobile home spaces, of which 59 are single, and 3 are doubles; an approximately 2,100 square foot, 3 bedroom/2 bath home with an attached garage; a 3-bay shop; and a Quonset garage & shed. Each mobile home has separately metered gas, electric, sewer & water. Most units are provided with a park-owned 6' X 7' storage shed. The property offers an amazing opportunity to further develop two of the 7 parcels that make up this park. Two private roads off Riverside Drive, Calle Rancho Viejo & Calle Valdez, are included with the property. The Acequia Del Llano runs through the property, and the Acequia water rights convey with the property.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$9 USD /SF

# OF UNITS

1

PRICE/UNIT

$5,000,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12.44 AC

LAND SF

541,886 SF

ZONING

Commercial

APN/PARCEL ID

1-000-000-021374

ASK ABOUT THIS PROPERTY

Christine McDonaldSanta Fe PropertiesMore Info
505-982-4466

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Christine McDonaldSanta Fe PropertiesMore Info
505-982-4466

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