2112 RIO PENASCO RD

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

2112 RIO PENASCO RD

MAYHILL, NM 88339-9229
Asking Price
$2.25M
Asset Type
Multifamily
Class
Class B

What's Special

<p>Really nice RV park at elevation 7k feet with river running through back of property. $222k gross open six months a year. Could stay open year-round. Perfect for onsite owner operator. 84 units. Its 45 minutes to Inn of the Mountain Gods and 30 minutes to Alamogordo. Well and septic Most days are dry and 75 degrees. Plenty of Elk, deer and turkeys. Have a great day!</p>

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
3.56%
DSCR
0.60
Underwater
Cash-on-Cash
-7.94%
Monthly Payment
$11,131.772
Annual Cash Flow
$-53,581.268

Location & Travel Times