J and I MHP, Pecos, NM 87552
sale $212,800 | Investment
Courtesy Of Dougherty Real Estate Co., LLC
J and I Mobile Home Park has 11 spaces with only one vacant. Tenants are on a month to month basis - a majority have lived there 20+ years. Rents are $210 per space and has not been raised for many years. Great upside potential. As is, at this price, cap rate is approximately 9%. Property offers separate meters for each pad and is connected to city water and city sewer.
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- Architecture Style: Other
- Legal Description: S: 4 T: 15 R: 12 LOT 3 LOCATED W/IN NE4NW4NW4 SEC 4 T15 R12 SAN MIGUEL COUNTY, NM
- MLSID: 202005271
- Roof Type: Unknown
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