Farmington, NM MHC

Capstone is pleased to present the Farmington, NM MHC, a 73-site community in Farmington, NM. Located in the Northwest corner of New Mexico along US 64, Farmington is home to over 46,000 people. Prominent businesses like San Juan College and Hillcrest Medical Center provide many employment opportunities. This community benefits from public utilities that are billed back to the residents. Additionally, the community currently operates at a 67% occupancy and boasts lot rents that are approximately $110 below the surrounding market competition. By focusing on filling vacant sites, a new owner could significantly increase income. Furthermore, current ownership has completed an abundant number of projects to help improve the overall efficiency of the park. This offering presents investors with an opportunity to acquire a community with tremendous rental upside and operational efficiencies in the Farmington MSA.

Investment Highlights:

Below-Market Lot Rents

Located In the Heart of Farmington MSA

Public Water, Sewer, Trash, & Gas Utilities That Are Billed Back to Residents

Upside In Filling Vacancy

Recent Capital Improvements