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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29205875

Address upon NDA execution, Carlsbad, NM 88221

KS
NE 20220208, MN 40976457 (+2)
Yale Realty & Capital Advisors
DC
SL3058364
Yale Realty & Capital Advisors
Listed by Yale Realty & Capital Advisors
$10,900,000
147 days on market
Updated 112 days ago

300 +/- Site Long-Term RV Park - Southwest Region

Details
Property Type Mobile Home Park, Multifamily
Units 300
Cap Rate 12.3%
NOI $1,341,015
Occupancy 94.9%
Broker Co-Op No
Class B
Buildings 1
Stories 1
Acreage 36.000
Parking Spaces 300 spaces
Investment Type Stabilized
Occupancy Date 01/13/2026

~13% Cap Rate I 25%+ 5-Yr IRR I Stabilized 10+ Yr RVP I MH Infill Upside

Marketing description

PLEASE READ BEFORE REACHING OUT OR REQUESTING MORE INFORMATION

NOTE: Prior to receiving any additional details, including exact location, financials, or due diligence materials, all prospective buyers and investors must first review the Offering Overview and execute the NDA.

Access to detailed materials is limited strictly to qualified principals and approved investment groups. Ownership reserves the right, in its sole discretion, to determine eligibility for further information and engagement.

Please visit the link below to access the Overview and NDA. Once completed, the signed NDA will be delivered directly to our records, and we will promptly provide the full Offering Memorandum and next steps.

OVERVIEW & NDA LINK: https://yaleadvisors.com/wp-content/uploads/2026/01/YALE-Teaser-04317514.pdf

Offering Description

This 300+/- site, all-age, long-term RV community presents a compelling opportunity to acquire a well-established, income-producing asset in the heart of the Delaware Basin portion of the Permian. Situated in Carlsbad, New Mexico, the property benefits from consistent housing demand driven by energy production, infrastructure development, and regional employment, positioning it as a durable performer across economic cycles.

The community has been historically well stabilized, maintaining strong occupancy levels with a diversified, long-tenured resident base. Aside from a brief COVID-related disruption, the property rebounded quickly and returned to peak occupancy, underscoring the depth of demand and resilience of the local market. The park is professionally operated and functions as a true long-term housing solution rather than a transient RV destination, supporting predictable collections and reduced turnover.

A key differentiator is the property’s zoning and site configuration. Zoned as a mobile home park and features large, well-laid-out lots, offering a clear long-term opportunity to selectively infill with manufactured homes. This optionality provides future ownership with a pathway to enhance stability, extend resident tenure, and further insulate the asset from short-term market fluctuations. Unlike more volatile energy markets, the Delaware Basin continues to require sustained infrastructure build-out even during periods of moderated commodity pricing, supporting ongoing housing demand.

Strategically located in a supply-constrained market with limited new development, this asset offers a balanced investment profile combining in-place cash flow, operational stability, and meaningful long-term upside. This offering is well-suited for regional owner-operators seeking a proven, scalable asset with multiple avenues for value creation in a recession-resilient asset class.

For preliminary questions or to connect directly after reviewing the Overview and NDA, please contact:

Dan Cook
Sr. Director - West Coast
+1 (818) 474-1031
dan@yaleadvisors.com

Also, please note:

• If you are a principal, deal management will not be conducted through Crexi. Execution of the NDA is required to proceed.

Thank you for your time and consideration.

Investment highlights

Offering Highlights

  • 300+/- Site, All-Age Long-Term RV Community
    Well-established community serving extended-stay residents in Carlsbad, NM, at the core of the Delaware Basin.

  • Historically Stabilized Performance
    Strong occupancy and collections with a diversified resident base; brief COVID disruption followed by a rapid return to peak occupancy.

  • Mobile Home Park Zoning with Infill Upside
    Zoned for manufactured housing with large lots, offering a clear long-term pathway to MH infill and increased asset stability.

  • Durable Demand Drivers Beyond Energy Cycles
    Sustained housing demand supported by infrastructure development, logistics, and regional employment, even during periods of moderated energy activity.

  • Supply-Constrained Market
    Limited new RV and MH development in the Carlsbad region supports long-term occupancy and rent growth.

  • Attractive Opportunity for Regional Owner-Operators
    Proven operations, scalable footprint, and multiple value-creation levers within a recession-resilient asset class.

Listing Contacts

KS
NE 20220208, MN 40976457 (+2)
Yale Realty & Capital Advisors
DC
SL3058364
Yale Realty & Capital Advisors
Listed by Yale Realty & Capital Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,341,015.00
$111,751.25/mo

Valuation Metrics

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DSCR
12.3%
Cap Rate
12.3%
ROI

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