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RV Park

Boot Hill RV Resort

1 Dog Ranch Rd, Alamogordo, NM 88310

Listing Price: $1,500,000

Cap Rate
14.06%
Number of Spaces
111
Lot Size
9.32 acres
Occupancy
98.0%
Price/Space
$13,514
Spaces/Acre
11.91
Year Built
1990

Investment Overview

Boot Hill RV Resort is a 111-site RV community located in Alamogordo, New Mexico. The community includes 53 RV sites, nine cabins, four park models, 18 dry storage, four covered storage, a four bedroom single family home with three of the rooms as rentals, and 20 self storage units on over eight acres with gravel roads. There are 10 RV covers 20x41 that charge $100 on top of the normal lot rent and 7 vehicle covered parking structures 18x21 that charge $50 on top of normal lot rent. The amenities include a picnic area at every site, fire pit, horseshoes, gift shop, laundry, showers, Wi-Fi, and dog parks. The community runs on well water and septic transfer system sewer and pays for the all the utilities, except for the electricity which is billed back to the tenant on monthly lot rentals. The one acre septic transfer system is located nine miles from the park and will convey with the transaction. Alamogordo, New Mexico offers its residents and visitors access to many attractions including the White Sands National Park, New Mexico Museum of Space History, Alameda Park Zoo, McGinn’s Pistachio Land – World’s Largest Pistachio, Tularosa Basin Museum of History and the Sacramento Mountains. It is a great place to visit for people who enjoy the outdoors and many opportunities for sightseeing. The major employers in the area include the Holloman Air Force Base, Alamogordo Public Schools, City of Alamogordo and the Gerald Champion Regional Medical Center. Boot Hill RV Resort is located right next to the major highways US Route 54 and US Route 70. It is also less than 15 minutes from the local Walmart Supercenter. The Holloman Air Force Base is less than 20 minutes away from the community. Boot Hill RV Resort is being offered at a day one capitalization rate of 14.06 percent and a pro forma capitalization rate of 16.85 percent.

Investment Highlights

  • Offered at Day One Cap Rate of 14.06%
  • Septic Parcel Included in the Sale
  • Located Near Holloman Air Force Base
  • Located 15 minutes from Walmart and Multiple National and State Parks

Exclusively Listed By

Broker of Record

  • Matt Reeves

    Senior Associate

    (505) 445-6333

    License(s) NM: 19583

    New Mexico

Listing Price: $1,500,000

Cap Rate
14.06%
Number of Spaces
111
Lot Size
9.32 acres
Occupancy
98.0%
Price/Space
$13,514
Spaces/Acre
11.91
Year Built
1990

Investment Highlights

  • Offered at Day One Cap Rate of 14.06%
  • Septic Parcel Included in the Sale
  • Located Near Holloman Air Force Base
  • Located 15 minutes from Walmart and Multiple National and State Parks

Investment Overview

Boot Hill RV Resort is a 111-site RV community located in Alamogordo, New Mexico. The community includes 53 RV sites, nine cabins, four park models, 18 dry storage, four covered storage, a four bedroom single family home with three of the rooms as rentals, and 20 self storage units on over eight acres with gravel roads. There are 10 RV covers 20x41 that charge $100 on top of the normal lot rent and 7 vehicle covered parking structures 18x21 that charge $50 on top of normal lot rent. The amenities include a picnic area at every site, fire pit, horseshoes, gift shop, laundry, showers, Wi-Fi, and dog parks. The community runs on well water and septic transfer system sewer and pays for the all the utilities, except for the electricity which is billed back to the tenant on monthly lot rentals. The one acre septic transfer system is located nine miles from the park and will convey with the transaction. Alamogordo, New Mexico offers its residents and visitors access to many attractions including the White Sands National Park, New Mexico Museum of Space History, Alameda Park Zoo, McGinn’s Pistachio Land – World’s Largest Pistachio, Tularosa Basin Museum of History and the Sacramento Mountains. It is a great place to visit for people who enjoy the outdoors and many opportunities for sightseeing. The major employers in the area include the Holloman Air Force Base, Alamogordo Public Schools, City of Alamogordo and the Gerald Champion Regional Medical Center. Boot Hill RV Resort is located right next to the major highways US Route 54 and US Route 70. It is also less than 15 minutes from the local Walmart Supercenter. The Holloman Air Force Base is less than 20 minutes away from the community. Boot Hill RV Resort is being offered at a day one capitalization rate of 14.06 percent and a pro forma capitalization rate of 16.85 percent.

Exclusively Listed By

Broker of Record

  • Matt Reeves

    Senior Associate

    (505) 445-6333

    License(s): NM: 19583

    New Mexico

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