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$ 450,000
Est. payment /mo
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116 S Cecil Street #119 S Coleman Street Hobbs, NM 88240
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Key Details
Property Type Mobile Home, Commercial
Sub Type Mobile Home Park
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20255737
Year Built 1980
Annual Tax Amount $1,051
Tax Year 2025
Lot Dimensions ± 1 acre
Property Sub-Type Mobile Home Park
Property 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. 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. The spaces adjoin city streets, there is no roadway maintenance required by the Owner, lowering operating costs. Owner financing available!
Location
State NM
County Lea County
Area New Mexico Mls
Listed by PERMIAN REAL ESTATE
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