Artesia RV Park & Storage

Property Description:

All-ages RV Park and RV Storage located in Artesia, New Mexico. The RV Park includes 132 spaces that are mostly all occupied year round due to the proximity of the park to the Permian Oil Basin. RV Park spaces are rented for $450 per month, which includes municipal water and sewer services. Electric is metered and billed to each tenant separately. 110 of the RV Spaces are 50 AMP, while 20 of the sites are 30 AMP. 4 of the RV Spaces are kept for overnight travelers, which cost $40 plus tax per night. Free WiFi is provided to each park tenant during their stay. Most of the tenants work in the oil industry. No more than 2 cars are allowed per site, and all cars must be operational. There are no pets allowed off a leash on the park. There are also 40 sites of covered and uncovered RV Storage, contiguous to the RV Park. Covered RV Storage costs $75 per month, while uncovered RV Storage costs $45 per month. The RV Storage is locked and has video surveillance that monitors the inventory. People with vehicles in the RV Storage have 24-hour access. Other features of the park include beautiful grass and trees. There are charcoal grills available to the tenants on-site, next to the two covered ramadas. There is an office with supplies that may be purchased by residents and non-residents. There is a dump station with water on the property that is available for non-residents as well. On the western portion of the property there is a 6,000 SF shop (100’x60’), with a 1,600 SF apartment inside. The apartment is occupied by the on-site manager. The property also features 1 double-wide mobile home (3 beds, 2 baths) that is rented for $1,650 per month and 1 single-wide mobile home that is rented for $650 per month. There are men’s and women’s showers and bathrooms in the office, in addition to a separate laundry/shower/bathroom house that is centrally located on the property. There is room to lower the expenses as the owner takes an annual salary of $45,000, however does not actively manage the property. Advertising expenses can also be cut down significantly. Don’t miss on this high cash flow RV Park with many long-term tenants!