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1307 SANCHEZ Lane, Bloomfield, NM 87413

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For Sale

$1,600,000

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

Explore this Property

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.
MLS# 25-904

Courtesy Of R1 New Mexico Farmington

(505) 326-0110

Property Features

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Map and Directions

Directions to 1307 SANCHEZ Lane, Bloomfield, NM 87413
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Home seller CENTURY 21 SoWesCo Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 SoWesCo Realty

(505) 325-2100
Learn More About Us

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