Multi-Family for Sale
Catylist Listing ID: 30364009
Property Subtypes: Mobile Home Park
Number of Units: 62 Units
Building Size (RSF): 121,968 SF
Gross Building Area: See Agent
Sale Price: $650,000
Unit Price: $10,483.87 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 16.0%
Last Updated: 1/21/2022

Overview / Comments

This 2.8 acre RV Camp completed construction in August of 2018, with brand-new septic, electrical and water systems, and in 3 months achieved 100% occupancy at an advertised $600/mo rent structure.

It sits at the epicenter of the major oilfield activity in the region, situated between the fast-growing towns of Pecos and Monahans, which straddle the space between the Permian and Delaware Basins.

Attachments & Media

Additional Details

Nearest MSA: Pecos
County: Ward
Internet Access: Fiber Optic
Water Service: Municipal
Sewer Type: Septic

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Photograph of Listing Agent

Joe Magby

NAI Wheelhouse
West Texas CIE Member
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