Why buy the house when you can buy the whole town?! The unincorporated community of Campo, just a mile from the Mexico border, has been listed for sale at $6.6 million.
The 28-building portfolio involves not just the acquisition of property, but the chance to own and steer the future of Downtown Campo itself. Ripe for revitalization, the Downtown area features a mix of 20 residential and commercial buildings—many of which have been recently updated with new roofing and vinyl plank flooring. Almost every structure in town was built during World War II.
According to listing materials, the purchase extends to revitalizing currently vacant buildings within the town, a move that could add substantial income by introducing new or enhanced services like gyms, laundromats, daycares or community centers. Investors can choose to build to maximize the density of the existing land without altering the town’s current structures, or alternatively, consider a complete redevelopment to modernize and elevate Campo’s profile.
Located about an hour east of San Diego, the town is home to some 150 residents, while another 3,000 people live in the surrounding area (which is not a part of the listing). The town was last sold in 2000 to Las Vegas real estate investor John Ray. Ray unsuccessfully first attempted to sell Campo in 2019.
Nick Hernandez and Joseph Barela of Top Gun Commercial Real Estate hold the listing.
Photos courtesy of marketing materials
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