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.
For sale
$1,450,000
1310 Sanchez Ln, Bloomfield, NM 87413
--beds
0baths
--sqft
Est.:
Mobile Home Park
Built in ----
-- sqft lot
$1,418,800 Zestimate®
$--/sqft
$-- HOA
What's special
Irrigation rightsWell-organized layoutMature trees
- 29 days
- on Zillow |
- 126 |
- 1 |
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#: 25-905

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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