Mobile Home, Commercial $ 450,000

116 S Cecil Street #119 S Coleman Street

Hobbs, NM 88240

  • 1980 Year Built
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!
Listed by PERMIAN REAL ESTATE

PROPERTY DETAIL

  • 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

  • Location

    State NM

    County Lea County

    Area New Mexico Mls

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