For Sale by Owner $600,000

Casa Rio MHC Is a newly built 87 Space Gated Community located next to the Rio Grande River and is within walking distance from New Mexico's largest Lake and across the way from a 5 Start Golf Resort. Casa Rio has all underground city utilities with Chip Sealed Roadways with and an onside Clubhouse with a full entertainment kitchen with an exercise room / equipment and pools tables with a full office and Mgr.'s living quarters. Casa Rio is located on the Hwy that leads to the Lake front Dam Site and to the Space Port and White Sands Missile Range that is one of NM largest employers, Casa Rio has 87 Spaces with 10 newer park owned Doublewide and single wide homes and 7 tenant owned homes. there is currently 70 fully developed spaces ready to rent and generate a tremendous upside. Space rent is $230 a month and the park owned homes have an average rent of $650.00 a month. the original owners had spent over $2.1 million on building the park and infrastructure during construction.