J and I MHP

$212,800

J and I MHP

$212,800

  • 60984 sqft

Contact Presenting Broker

    SIR

    Sotheby's International Realty ®

    (800) 409-7325

    Key Features

    • MLS: 202005270
    • Status: Sold
    • Price: $212,800
    • Area: 9-Pecos, Rowe
    • Type: Commercial
    • Acres: 1.4
    • Total Sqft: 60,984
    • Sell Date: 03-08-2021
    • Listing Agency: Dougherty Real Estate Co. LLC
    • Selling Agency: Dougherty Real Estate Co. LLC

    About this Property

    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.

    Additional Features

    • Type Commercial
    • Days On Market 29
    • UtilitiesElectricity Available, Propane, Sewer Available, Water Available

    Neighborhoods

    Glorieta, Pecos & Rowe

    These small communities are located in the southern Sangre de Cristo Mountains along Interstate 25 on the east side of Glorieta Pass (elevation 7500 ft.). With many homes backing up to National Forest land, these areas are ideal for those wanting peaceful seclusion within commuting distance of Santa Fe. Glorieta was the site of two important battles in New Mexico history, the Battle of Santa

    Schools

    Listing Brokerage

    IDX listing

    Norma Taylor

    Dougherty Real Estate Co. LLC

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    The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Sotheby's International Realty ® are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.