$295,000

1301 Sanchez Ln Bloomfield, NM 87413

Estimated payment $1,924/month

Total Views 64
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

This 6-space mobile home park offers cash flow and long-term upside with a 8.9% cap rate, and 9% Cash on Cash Return, based on 30% down. Property features a blend of 1 park-owned and 5 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.

Listing Agent

Brett Rosenbaugh

R1 New Mexico Farmington License #53466 Listed on: 07/10/2025

R1 New Mexico Farmington

Property Details

Home Type

  • Multi-Family

Lot Details

  • Property is in average condition

Parking

  • 1 Parking Space Included

Home Design

  • Mobile Home Park

Listing and Financial Details

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Home Age: 51 +
  • FloodZoneA: Unknown
  • Foreclosed Pre Foreclosed: No
  • Listing Member Name: Brett Rosenbaugh
  • Listing Office Short Id: 702r1nm
  • Open House Office I D: 20180620193812406623000000
  • PendingForeclosure: No
  • Prop. Type: Multi-Family
  • Property Sub Type: Mobile Home Park
  • Type of Tenancy: Month - Month
  • UtilSvcInclRent: Electric, Sewer, Water
  • Special Features: None

Exterior Features

  • Property Condition: Fair

Utilities

  • Water and Sewer: City Sewer, City Water

Schools

  • School District: 3501 or More

Lot Info

  • Lot Size: 1.65
  • Zoning: Multi-Fam Med Dens

Multi Family

  • Parking Per Unit: One, Two

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $295,000 -- --
Source: San Juan County Board of REALTORS®

Source: San Juan County Board of REALTORS®

MLS Number: 25-906

New Mexico San Juan County Bloomfield 87413

1301 Sanchez Ln, Bloomfield, NM

This home is located at 1301 Sanchez Ln, Bloomfield, NM 87413 and is currently priced at $295,000. 1301 Sanchez Ln is a home located in San Juan County with nearby schools including Bloomfield High School.

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Listing Agent
Brett Rosenbaugh
Section Image
R1 New Mexico Farmington
(505) 305-0483