$1,600,000

1307 Sanchez Ln Bloomfield, NM 87413

Estimated payment $10,437/month

Total Views 102
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

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.

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: 6.65
  • 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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First American

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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 $1,600,000 -- --
Source: San Juan County Board of REALTORS®

Source: San Juan County Board of REALTORS®

MLS Number: 25-904

New Mexico San Juan County Bloomfield 87413

1307 Sanchez Ln, Bloomfield, NM

This home is located at 1307 Sanchez Ln, Bloomfield, NM 87413 and is currently priced at $1,600,000. 1307 Sanchez Ln is a home located in San Juan County with nearby schools including Bloomfield High School.

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Nearby Homes
Listing Agent
Brett Rosenbaugh
Section Image
R1 New Mexico Farmington
(505) 591-9913