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1310 Sanchez Lane, Bloomfield, NM 87413

Local realty services provided by:CENTURY 21 SoWesCo Realty
1310 Sanchez Lane,Bloomfield, NM 87413
$1,450,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Mobile / Manufactured
  • Pending
Listed by: brett rosenbaugh
Office: r1 new mexico farmington
MLS#:25-905
Source:NM_SJCBR

Price summary

  • Price:$1,450,000

About this home

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. The owner's ongoing

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Home facts

  • Listing ID #:25-905
  • Added:182 day(s) ago
  • Updated:December 23, 2025 at 05:44 PM

Finances and disclosures

  • Price:$1,450,000
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