For Sale
Name |
Tosh Hoshino |
Email |
tosh@go-absolute.net |
Phone |
5058030387 |
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Size |
+/- 3.18 Acres |
Property Type |
Mobile Home Park |
Number of Spaces |
32 Units |
Absolute Investment Realty is pleased to present this rare opportunity to acquire a 32 unit, fully operating mobile home park in one of the most desirable trade areas in the southwestern, US. Located in the heart of Taos, NM, this cash-flowing investment opportunity is low maintenance with a long history of stable tenants.. The property has minimal landlord responsibility, low maintenance costs and no amenities. The property also has value as a commercial site and could be redeveloped in the future: The land value alone is justified by the purchase price ($9.92/SF for 3.18 acres). As a fringe benefit, new owner can enjoy a vacation while visiting this asset: Taos is a world famous destination for tourists, artists, and celebrities and features some of the worlds best dining and sight-seeing. The buyer of this property has the opportunity to significantly increase NOI by billing back operating expenses.