4400 E Pine St - Specialty FOR SALE


Deming, NM 88030
$2,600,000 USD
770-933-8585
4400 E Pine St, Deming, NM for Sale
$2,600,000 USD
Specialty - FOR SALE
1/6
null | Request Cap Rate

4400 E Pine St
Deming, NM 88030


HIGHLIGHTS

  • Dream Catcher is a majority transient RV park with average rates of ~$12/night and running ~32% occupancy.
  • Formerly a membership RV resort where members were offered significantly discounted rates, new buyer will have NO obligations to members.
  • Market rates are ~$35-40/night
  • Located directly off an I-10 exit with easy access to regional employment & amenities such as Trees Lake and its inflatable water park 5 minutes away.
  • Management in-place with current out-of-area owner and ready for stabilization post-membership.
  • Opportunity to grow revenue by raising rates, converting underperforming annual sites, adding cabin sites, converting standard sites to premium, etc.

OVERVIEW

Colliers Manufactured Housing & RV Group, serving as the exclusive agent for the Owner, is delighted to present the offering for sale of the Dream Catcher RV Park— a beautifully landscaped, 107-site RV park in Deming, New Mexico, located directly off I-10. This full-service desert park offers a welcoming, traveler-friendly atmosphere with access to nearby hiking, biking, golfing, and outdoor recreation. Strategically positioned along major travel corridor, Interstate 10, Dream Catcher attracts both leisure travelers and professionals drawn by Deming’s affordability, outdoor appeal, and proximity to the Permian Basin. Formerly a membership RV resort where members were offered significantly discounted rates. Membership business has been sold and a new buyer will have NO obligations to members. Can be operated under traditional RV park model going forward. Asking Price: $2,600,000 ($24,299/site) This represents a ~17% stabilized yield on cost (excluding the expansion land). Seller Financing Available for Qualified Buyers w/ Strong Down. Offers Encouraged.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$1,300 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dream Catcher RV Park

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Parking Lot, Self Storage, Marina

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

315

LAND DETAILS

LAND ACRES

14.8 AC

LAND SF

644,688 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Mike NissleyColliers Manufactured Housing & RV GroupMore Info
770-933-8585

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

Mike NissleyColliers Manufactured Housing & RV GroupMore Info
770-933-8585

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