Santa Fe Comm. Real Estate, LLC
64 Amberwood Loop
Santa Fe, NM 87501
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.
Dougherty Real Estate Co. LLC