The Ruidoso, New Mexico Portfolio boasts 147 home sites with a mix of 46% MH and 54% RV. The two properties are located just 1 minute down the street from each other, making management seamless across the portfolio. Both properties offer upside in both rental rate and occupancy, and have been maintained to a high standard by current ownership. Both properties are right along US-HWY 70 and offer easy access to the local ski mountain. Both properties are serviced by City Water/Sewer and Trash, which is included in the lot rent at both communities.
147 Lots
8.8% cap rate
Upside in rental rate
Strong local economy