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2116 N Riverside Drive, Espanola, NM 87532

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For Sale

$5,250,000

12.44 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 12.4 acres
    Lot size

Explore this Property

Never before on the market, mobile home park. Held in the same family for three generations. The property was assembled over many years to create this 12.44 acre, well established mobile home park. Located in the heart of Espanola, NM, the area surrounding the property offers a dynamic mix of business, retail and residential. Surrounded by National retailers and restaurants.The property spans the entire distance from fronting on Riverside Drive to the Ohkay Owingeh Tribal Lakes. Hundreds of thousands of dollars in capital improvements have been added through the years, resulting in a well-designed and maintained park. Two full accesses off of the 'main' street of Espanola, Riverside Avenue. The excellent central location, ease of access and great visibility attraction of this compelling investment. The property is 100% occupied, with a strong rental history over the years. The property is composed of 62 mobile home spaces, of which 59 are single, and 3 are doubles; an approximately 2,100 square foot, 3 bedroom/2 bath home with an attached garage; a 3-bay shop; and a Quonset garage & shed. Each mobile home has separately metered gas, electric, sewer & water. Most units are provided with a park-owned 6' X 7' storage shed. The property offers an amazing opportunity to further develop two of the 7 parcels that make up this park. Two private roads off Riverside Drive, Calle Rancho Viejo & Calle Valdez, are included with the property. The Acequia Del Llano runs through the property, and the Acequia water rights convey with the property. In a market where the average annual household income is over $101,000* (encompassing a 50-mile radius between Espanola Los Alamos and Santa Fe) and the employment base increases by thousands each year due to the proximity to Los Alamos and the Los Alamos National Labs, the property has a strong basis and future. For financial information and property pricing, contact the listing brokers. An NDA will be required.
MLS# 202404983

Courtesy Of Santa Fe Properties, Inc.

(505) 982-4466

Property Features

  • Lot Size
    12.44 Acres

Map and Directions

Directions to 2116 N Riverside Drive, Espanola, NM 87532

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CENTURY 21 Home Planning

(575) 622-0021
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Copyright © 2025 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.