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1310 SANCHEZ Lane, Bloomfield, NM 87413

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For Sale

$1,450,000

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 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.Financials and rent roll available with NDA.
MLS# 25-905

Courtesy Of R1 New Mexico Farmington

(505) 326-0110

Property Features

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Map and Directions

Directions to 1310 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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