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116 S Cecil St
Hobbs, NM 88240

$450,000 USD

Manufactured Housing Mobile Home Park For Sale

Property Details

• Property Type Manufactured Housing Mobile Home Park
• Lot Size 1 AC
• Building Class C
• Year Built 1970
• Cap Rate 8.00 %

0 Transit Score

43 Walk Score

Highlights

10 mobile home spaces with tenant-owned homes

Long-term tenant base with minimal turnover

Upgraded electrical service — several poles/meters replaced with 200-amp capacity

Tenants pay electricity and gas; Owner pays water/sewer/trash

Centrally located, convenient access to city amenities

No roadway maintenance required

Property Flyers

116 S. Cecil & 119. S. Coleman

Cap Rate:

8.00 %

Amenities

• 24 Hour Access
• Fenced Lot

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes