Skip main navigation
For sale
  • $295,000

    1301 Sanchez Ln, Bloomfield, NM 87413

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

    What's special

    Irrigation rightsWell-organized layoutMature trees
    This 6-space mobile home park offers cash flow and long-term upside with a 8.9% cap rate, and 9% Cash on Cash Return, based on 30% down. Property features a blend of 1 park-owned and 5 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.
    152 days
    |
    62
    |
    2
    |

    Zillow last checked: 8 hours ago

    Listing updated: August 24, 2025 at 12:24pm

    Listed by:

    Brett Rosenbaugh 970-946-7079,

    R1 New Mexico Farmington 505-326-0110

    Source: SJCMLS,MLS#: 25-906MLS Logo

    Tour with a local 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: 1.65 Acres
    Details
    • Zoning description: Multi-Fam Med Dens

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Bloomfield

    Financial & listing details

    • Annual tax amount: $2,907
    • Date on market: 7/11/2025
    • Lease term: Month To Month
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,181/mo

    Price history

    Price history
    DateEventPrice
    7/11/2025Listed for sale$295,000
    Source: SJCMLS #25-906 Report a problem
    6/24/2020Listing removed$750
    Source: Sun West Properties Report a problem
    6/4/2020Listed for rent$750
    Source: Sun West Properties Report a problem
    2/19/2020Listing removed$750
    Source: Sun West Properties Report a problem
    8/22/2019Listed for rent$750
    Source: Sun West Properties Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $1,719/mo
    Principal & interest
    $1446
    Property taxes
    $170
    Home insurance
    $103

      Climate risks

      Neighborhood: 87413

      Nearby schools

      GreatSchools rating

      Similar homes

      Skip to the end of the carouselSkip to the beginning of the carousel
      • Loading
      • Loading