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For sale
  • $1,600,000

    1307 Sanchez Ln, Bloomfield, NM 87413

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

    What's special

    Irrigation rightsMature trees
    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.
    152 days
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    44
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    1
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    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#: 25-904MLS Logo

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    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
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $764/mo

    Price history

    Price history
    DateEventPrice
    7/11/2025Listed for sale$1,600,000
    Source: SJCMLS #25-904 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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

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