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.
For sale
$295,000
1301 Sanchez Ln, Bloomfield, NM 87413
--beds
0baths
--sqft
Est.:
Mobile Home Park
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Irrigation rightsWell-organized layoutMature trees
- 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#: 25-906
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
Estimated market value
Not available
Estimated sales range
Not available
$1,181/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2025 | Listed for sale | $295,000 |
Source: | ||
| 6/24/2020 | Listing removed | $750 |
Source: Sun West Properties Report a problem | ||
| 6/4/2020 | Listed for rent | $750 |
Source: Sun West Properties Report a problem | ||
| 2/19/2020 | Listing removed | $750 |
Source: Sun West Properties Report a problem | ||
| 8/22/2019 | Listed 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
- 7/10Central Primary SchoolGrades: 1-3Distance: 1.2 mi
- 6/10Mesa Alta Jr High SchoolGrades: 7-8Distance: 1.4 mi
- 8/10Bloomfield High SchoolGrades: 9-12Distance: 1.6 mi
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