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28239241
28239240

740 ABRAHAMES RD E, Moriarty, NM 87035-8117

MN
CO 100095405
Allen Realty
Listed by Allen Realty
$1,600,000
204 days on market
Updated 4 days ago
Opportunity zone

Zia RV Park

Details
APN 1055052354427000000
Property Type Hospitality
Sub Type Hotel
Square Footage 472,578
Keys 34
Cap Rate 10.13%
NOI $162,025
Pro-Forma Cap Rate 11.44%
Pro-Forma NOI $182,989
Price per SqFt $3
Broker Co-Op Yes
Year Built 2020
Buildings 34
Lot Size (SqFt) 472,578
Zoning Commercial
Investment Type Value Add
Occupancy Date 11/12/2025
Ownership ZIA RV PROPERTY LLC
Sale Condition For sale by owner

Hospitality | 10.13% CAP | 34 Keys

Marketing description

Zia RV Park is a serene retreat in the Land of Enchantment. Located in central New Mexico, 30 minutes from Albuquerque and moments from I-40. This RV Park offers a beautiful sunsets and tranquil surroundings. The RV Park has 24 full hook ups with 30/50 amp electric service sites and 8 water/electric pull-through sites. Approved for expansion up to 70 sites is great financial investment with 10.89 CAP rate. The well and septic systems are updated. A dedicated FHU site near the office is ideal for an onsite manager or owner-operator.

Highlights

• Reputation: The park is in great shape and has garnered great reviews from satisfied guests.

• Increased Revenue : With room for rate increases and additional development opportunities.

Investment highlights

Investment Highlights

  • Acquisition CAP Rate 10.89%

  • Revenue Potential: With room for rate increases and additional development opportunities, this property offers substantial upside for investors or owners looking to enhance cash flow.

  • Year 1 Cash-on-Cash 16.88%

  • Reputation: The park is in great shape and has garnered great reviews from satisfied guests.

Listing Contacts

MN
CO 100095405
Allen Realty
Listed by Allen Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$162,025.00
$13,502.08/mo

Valuation Metrics

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DSCR
10.13%
Cap Rate
10.13%
ROI

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