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For sale
  • $1,450,000

    1310 Sanchez Ln, Bloomfield, NM 87413

    --beds
    0baths
    --sqft
    : 
    Mobile Home Park
    Built in ----
    -- sqft lot
    $1,418,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Irrigation rightsWell-organized layoutMature trees
    Investor opportunity in Bloomfield, New Mexico -- this 29-space mobile home park offers strong cash flow and long-term upside with a 11.5% cap rate, and 18.6% Cash on Cash Return, based on 30% down. Property has a blend of 18 park-owned and 11 tenant-owned homes, providing a balanced mix of income stability and lower maintenance demands. Homes are connected to city utilities, with each unit on separate propane. Water & Electric is currently paid by the landlord, allowing flexibility for future expense adjustments.The park includes irrigation rights, mature trees, and a well-organized layout that enhances tenant appeal. A major operational asset is the reliable on-site maintenance person, who brings consistency and responsiveness to property maintenance. Located in a market with steady demand for affordable housing, this park presents an immediate cash-flowing investment with potential for value-add strategies through rent optimization or infill opportunities.Financials and rent roll available with NDA.
    29 days
    on Zillow
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    126
    |
    1
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    Zillow last checked: 7 hours ago

    Listing updated: July 19, 2025 at 03:19am

    Listed by:

    Brett Rosenbaugh 970-946-7079,

    R1 New Mexico Farmington 505-326-0110

    Source: SJCMLS,MLS#: 25-905MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1310 Sanchez Ln.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Interior area
    • Total structure area: 0
    • Living area range: 3501 or More Square Feet

    Property

    Lot
    • Size: 5 Acres
    Details
    • Parcel number: 2064169100299
    • Zoning description: Multi-Fam Med Dens

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mobile Home Park
    Condition
    • 51 or more Years,Fair
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Bloomfield

    Financial & listing details

    • Tax assessed value: $217,691
    • Annual tax amount: $14,289
    • Date on market: 7/11/2025
    • Lease term: Month To Month
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