Description
The Romero Trailer Park with 4.097 deeded acres and 8 designated spaces. Each space is 60 x 100 with tree coverage. Private well recently drilled and updated that serves all 8 designated spaces. There is unused acreage that enables the possible addition of more designated trailer spaces. 6 current leases in place that will be transferred via a tenant estoppel agreement. Cap rate of 7% when at 100% occupancy and current rental rates. Rent has not been raised for several years.
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0BEDS
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4.1ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
The Romero Trailer Park with 4.097 deeded acres and 8 designated spaces. Each space is 60 x 100 with tree coverage. Private well recently drilled and updated that serves all 8 designated spaces. There is unused acreage that enables the possible addition of more designated trailer spaces. 6 current leases in place that will be transferred via a tenant estoppel agreement. Cap rate of 7% when at 100% occupancy and current rental rates. Rent has not been raised for several years.
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Listing provided courtesy of Summit Group of Berkshire Hathaway Homeservice. © 2021 Santa Fe Association of REALTORS®, Inc. MLS. All Rights Reserved.