Super Prime Properties
Listed by Super Prime Properties
$1,850,000
Pine Ridge RV Park
Details
Property Type Multifamily
Sub Type RV Park
Cap Rate 9.00%
Multifamily | 9.00% CAP
Marketing description
Established RV park in one of New Mexico’s premier mountain destinations. Pine Ridge offers in-place cash flow with substantial upside through expansion, including approximately 4 acres of additional land for future RV sites and amenities. Positioned in a high-demand tourism market with strong drive-to traffic from Texas and the Southwest, the property benefits from year-round demand driven by skiing, horse racing, hiking, festivals, and outdoor recreation. The ownership is actively seeking a joint venture partner to help unlock the next phase of growth, making this an attractive opportunity for an investor looking for both immediate income and value-add potential. Flexible sale or JV structure available.
Investment highlights
- Seeking JV partner for expansion and growth
- Existing income with additional upside
- Expansion potential on approx. 4 acres
- Tourism-driven Ruidoso market
- Strong regional drive-to customer base
- Opportunity to increase site count and amenities
- Value-add execution with multiple exit options
- Refinance or sale potential after stabilization
Listing Contacts
Super Prime Properties
Listed by Super Prime Properties
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