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20067436
20067434

4400 West Pine Street, Deming, NM 88030

MN
FL FL SL3011182
Colliers - Palm Beach - Boca Raton, Florida
AB
FL BK3045143
Colliers Tampa Bay - Clearwater, FL
RK
UT UT 10993748-SA00
Colliers - Palm Beach - Boca Raton, Florida
Listed by Colliers - Palm Beach - Boca Raton, Florida, Colliers Tampa Bay - Clearwater, FL
$1,400,000
665 days on market
Updated 5 days ago

Dream Catcher RV Park

Details
Property Type Mobile Home Park, Multifamily
Sub Type RV Park
Pads 107
Occupancy 35%
Year Built 1996
Acreage 14.800
Investment Type Value Add

Transient RV Park in New Mexico with Below Market Rents & Expansion Upside

Marketing description

Colliers Manufactured Housing & RV Group, serving as the exclusive agent for the Owner, is delighted to present the offering for sale of the Dream Catcher RV Park, a beautifully-landscaped, 107-site desert RV park in Deming, New Mexico located along Interstate 10. This full-service park offers a unique, welcoming atmosphere tailored for travelers seeking comfort and hospitality while enjoying the outdoor recreation activities in the area such as hiking, biking, golfing, and exploring.

The RV park is strengthened by its strategic location just off I-10 making it an ideal stopover for travelers exploring the southwestern U.S. and accessing nearby attractions and outdoor activities. With a thriving economy supported by agriculture and proximity to the Permian Basin, Deming attracts both leisure travelers and professionals seeking affordable and welcoming year-round accommodations.

Formerly a membership RV Park with heavily discounted rates, membership business has been sold and new buyer has NO OBLIGATIONS to operate as membership RV Park.

The asking price for the property is $1,400,000 ($13,084/site).

Seller Financing Available for Qualified Buyers with Significant Down Payment.

Join email list and provide investment criteria: https://lnkd.in/g9xC5k-a

Colliers Manufactured Housing & RV Group Linkedin Page:

https://www.linkedin.com/company/35565066

Other opportunities:

https://www.crexi.com/profile/mike-nissley-mikeni

MH Park Groups:

https://www.facebook.com/groups/1971542136217030

https://www.linkedin.com/groups/12180353

RV Park Groups:

https://www.facebook.com/groups/2040575082699586

https://www.linkedin.com/groups/12180303

Investment highlights

  • Dream Catcher is a majority transient RV park with average rates of ~$12/night and running ~32% occupancy.
  • By converting to a public park without memberships and increasing advertising spend the occupancy could be stabilized around 40% at market rates which are ~$35-40/night.
  • Located directly off an I-10 exit with easy access to regional employment and amenities such as Trees Lake and its inflatable water park 5 minutes away.
  • Management in-place with current out-of-area owner and ready for stabilization post-membership.
  • Opportunity to grow revenue by raising rates, converting underperforming annual sites, adding cabin sites, converting standard sites to premium, adding premium WiFi and Cable options, vending, application fees, etc.

Listing Contacts

MN
FL FL SL3011182
Colliers - Palm Beach - Boca Raton, Florida
AB
FL BK3045143
Colliers Tampa Bay - Clearwater, FL
RK
UT UT 10993748-SA00
Colliers - Palm Beach - Boca Raton, Florida
Listed by Colliers - Palm Beach - Boca Raton, Florida, Colliers Tampa Bay - Clearwater, FL

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