Income Producing MH Lots! May owner finance!
Turnkey Investment with Strong Occupancy and Minimal Management
Marketing description
This property consists of 10 mobile home spaces with tenant-owned homes, ensuring stable occupancy and minimal landlord responsibilities. The park has a long history of long-term tenants with very little turnover, making it a strong and reliable income property.
Improvements include the upgrade of several electrical poles and meters to 200-amp service. Tenants pay their own electricity and gas, while the Owner provides water, sewer, and trash services.
Centrally located within the community, the property offers convenient access to nearby amenities. Because the spaces adjoin city streets, there is no roadway maintenance required by the Owner, lowering operating costs.
This mobile home park offers investors a turnkey opportunity with consistent cash flow, updated infrastructure, and low ongoing expenses.
Property has two addresses: 119 S Coleman St & 116 S Cecil St, Hobbs, NM 88240
Investment highlights
Marketing Highlights
10 mobile home spaces with tenant-owned homes
Long-term tenant base with minimal turnover
Upgraded electrical service — several poles/meters replaced with 200-amp capacity
Tenants pay electricity and gas; Owner pays water/sewer/trash
Centrally located, convenient access to city amenities
Low maintenance costs — no roadway maintenance required
Steady cash flow and low management intensity
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