Confidential Resort 1
Confidential, Minneapolis, MN 55401
$4,000,000
Price Guidance
6.16%
Cap Rate
7.69
GRM
100
Approximate RV Site Count
0
Building SF
0
Land SF
Exclusive Off Market Opportunity from Atlas Bay Commercial
Executive Summary
Atlas Bay Commercial, as cooperating out of state broker, alonside New Mexico broker, Jennifer Stein Real Estate, Inc, is pleased to present the opportunity to acquire this confidential a 75+ site RV park in New Mexico. The property operates as a seasonal, destination-oriented park open from April to September. The investment is best positioned as a value-add opportunity, with upside driven by increasing occupancy and extending the operating season. The asset offers a straightforward operational model with a clear path to revenue growth through improved utilization.
Executive Summary
Atlas Bay Commercial, as cooperating out of state broker, alonside New Mexico broker, Jennifer Stein Real Estate, Inc, is pleased to present the opportunity to acquire Deer Springs RV Resort, a 76-site RV park in Mayhill, New Mexico. The property operates as a seasonal, destination-oriented park open from April to September. The investment is best positioned as a value-add opportunity, with upside driven by increasing occupancy and extending the operating season. The asset offers a straightforward operational model with a clear path to revenue growth through improved utilization.
The Park
Deer Springs offers a quiet, nature-focused environment within the Sacramento Mountains, appealing to guests seeking outdoor recreation and a cooler climate. The property features shaded sites, mountain views, and frequent wildlife sightings, including deer, elk, and wild turkey, creating a strong destination experience. On-site amenities include a bathhouse, laundry facilities, clubhouse, and direct access to natural surroundings, supporting a consistent guest profile of seasonal and transient visitors drawn to the area’s tourism corridor.
Financial Summary
The property generated $205,982 in annual gross income during 2025, primarily from RV site rentals. Operations are currently owner-managed, resulting in reported expenses that are below typical market levels at 17% expense ratio. Under normalized underwriting, stabilized NOI is estimated in the range of $125,000. The offering reflects a value-add profile, with meaningful upside through addition of cabins and park models, occupancy growth, rate optimization, and expansion of the operating season.
Price Guidance
Opportunity to acquire a seasonal RV park with clear operational upside. While current income reflects a limited operating season, the ability to increase occupancy, optimize rates, and extend operations provides a path to improved cash flow and a more competitive yield relative to comparable assets.
The property is being offered at $2,150,000.
Contact information
For additional information, financials, or to discuss the opportunity, please reach out directly. Qualified buyers will be provided with detailed materials upon request. All property tours must be coordinated through Atlas Bay Commercial. Michael Quigley (239) 251-6614, michael@atlasbay.co or Dan Fischer (615) 804-3579, dan@atlasbay.co
Michael Quigley
(239) 251-6614
michael@atlasbay.co
Location & Neighborhood
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