Investor opportunity in Bloomfield, New Mexico -- this 35-space mobile home park offers strong cash flow and long-term upside with a 12% cap rate, and 15% Cash on Cash Return, based on 30% down. Property sits on 2 parcels, and features a blend of 19 park-owned and 16 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 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.The owner's takes pride in the ongoing upgrades and renovations to all park-owned homes which have enhanced the overall quality and appeal of the community. These improvements help increase demand from prospective residents, contributing to strong occupancy rates and long-term stability for the park.Financing is available with 20% Down at local bank.
For sale
$1,600,000
1307 Sanchez Ln, Bloomfield, NM 87413
--beds
0baths
--sqft
Est.:
Mobile Home Park
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Irrigation rightsMature trees
- 152 days |
- 44 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: September 05, 2025 at 08:54am
Listed by:
Brett Rosenbaugh 970-946-7079,
R1 New Mexico Farmington 505-326-0110
Source: SJCMLS,MLS#: 25-904
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: 6.65 Acres
Details
- Parcel number: M0066414
- 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
- Tax assessed value: $1,547
- Annual tax amount: $15,768
- Date on market: 7/11/2025
- Lease term: Month To Month
Estimated market value
Not available
Estimated sales range
Not available
$764/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2025 | Listed for sale | $1,600,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2016 | $15 +3.3% | $516 |
| 2015 | $14 -8.6% | $516 -1.9% |
| 2014 | $16 +9.2% | $526 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$9,353/mo
Principal & interest
$7873
Property taxes
$920
Home insurance
$560
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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