RV Park Cap Rates in New Mexico
Real capitalization rate data from 15 parks across New Mexico. Understand what the market is actually returning before you write a check.
What This Means for Investors
New Mexico is a competitive market. At 8.7% average, pricing reflects real buyer demand — this isn't a market where sellers are desperate. That said, the right deal with operational upside can still pencil well if you underwrite NOI improvements rather than buying trailing income.
In markets like this, the edge is in sourcing — not on-market listings, but owners who haven't marketed. The 15 parks in our database with owner contact data give you the starting list. Work it direct.
With data spread across 13 cities, New Mexico offers enough geographic diversity to be selective. The city breakdown below shows where the cap rate compression is worst and where pockets of yield still exist.
At an average estimated value of $3,278,811, most New Mexico parks are in reach for individual investors or small syndicates — this isn't a market dominated exclusively by institutional buyers.
Cap Rates by City — New Mexico
| City | Avg Cap Rate | Parks | Avg Valuation |
|---|---|---|---|
| Jal | 9.4% | 2 | $157,952 |
| Rodeo | 12.0% | 1 | $701,125 |
| Tijeras | 12.0% | 1 | $1,822,925 |
| Church Rock | 11.4% | 1 | $2,031,105 |
| Tucumcari | 10.5% | 1 | $640,900 |
| Carlsbad | 10.1% | 1 | $62,886 |
| Clovis | 9.8% | 1 | $277,565 |
| Midway | 9.4% | 1 | $393,097 |
| Las Vegas | 9.0% | 1 | $666,810 |
| Albuquerque | 7.0% | 1 | $273,583 |
| Bosque | 5.1% | 1 | $38,819,454 |
| El Morro | 4.4% | 1 | $336,135 |
| Ruidoso | 2.1% | 1 | $2,205,102 |
Top 10 Highest Cap Rate Parks
Highest estimated returns — investigate occupancy, management quality, and NOI sustainability before buying on cap rate alone.
| Park Name | City | Cap Rate | Sites | Est. Value |
|---|---|---|---|---|
| Rusty's RV Ranch | Rodeo | 12.0% | 40 | $701,125 |
| Albuquerque Tijeras Mountain RV Resort and RV Park | Tijeras | 12.0% | 104 | $1,822,925 |
| Red Rock Park | Church Rock | 11.4% | 120 | $2,031,105 |
| Cactus RV Park (former) | Tucumcari | 10.5% | 40 | $640,900 |
| Florez RV Park, LLC | Jal | 10.5% | 12 | $192,270 |
| Carlsbad RV Park and Campground | Carlsbad | 10.1% | 4 | $62,885 |
| West Park Inn | Clovis | 9.8% | 18 | $277,564 |
| Midway RV Park | Midway | 9.4% | 26 | $393,096 |
| Storrie RV Area | Las Vegas | 9.0% | 45 | $666,810 |
| H&P RV Park | Jal | 8.4% | 6 | $123,633 |
10 Lowest Cap Rate Parks
Lower cap rates reflect higher prices relative to income — often found in premium markets, coastal areas, or parks with strong amenities and stable occupancy.
| Park Name | City | Cap Rate | Sites | Est. Value |
|---|---|---|---|---|
| RV Resorts of Ruidoso | Ruidoso | 2.1% | 100 | $2,205,101 |
| El Morro RV Park and Cabins | El Morro | 4.4% | 30 | $336,135 |
| Kiva RV Park and Horse Motel | Bosque | 5.07% | 693 | $38,819,453 |
| Family Camp Kirtland AFB RV Park | Albuquerque | 6.97% | 5 | $273,582 |
| H&P RV Park | Jal | 8.4% | 6 | $123,633 |
| Lea Lake Campground | None | 8.4% | 32 | $635,579 |
| Storrie RV Area | Las Vegas | 9.0% | 45 | $666,810 |
| Midway RV Park | Midway | 9.4% | 26 | $393,096 |
| West Park Inn | Clovis | 9.8% | 18 | $277,564 |
| Carlsbad RV Park and Campground | Carlsbad | 10.1% | 4 | $62,885 |
Get Full Owner Contact Data for New Mexico
Cap rates tell you where to look. Owner contact data gets you in the door. Access phone numbers, emails, and deal pipeline tools for every park in New Mexico.
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