Investment Overview

Dark Canyon RV Park is a 178-site property located in Carlsbad, New Mexico. The space mix is comprised of 161 RV lot rents, 15 modular home lot rents, and two park-owned modular duplex rentals. The property was built in 2018 on 17.11 acres. They operate on city water and sewer with all utilities paid for by the ownership except for electric which is billed back to some tenants. In an article released August 22, 2025, New Mexico tourism hit a record $8.8 billion in visitor spending during 2024, representing $200 million growth over 2023. The state attracted 42.6 million visitors in 2024, the first time exceeding 42 million annually. International tourism grew 10.4% in 2024, with international visitors spending an average $925 per trip compared to $194 for domestic travelers. Lodging captured the largest share of visitor spending at $2.8 billion, followed by dining at $2.1 billion and retail at $1.4 billion. The tourism industry supported 95,212 jobs statewide, representing over 8% of total New Mexico employment. Visitor spending generated $839 million in state and local taxes, reducing the average household tax burden by $980. This growth represents the third consecutive year of tourism expansion, adding $1.4 billion in spending over five years. The total economic impact including multiplier effects reached $12 billion statewide. International visitors contributed $691 million despite representing only 750,000 visits.