1310 Sanchez Ln Bloomfield, NM 87413
Estimated payment $7,823/month
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 upgrades and renovations to all park-owned homes have enhanced the overall quality and appeal of the community. These improvements help increase demand from prospective residents, contributing to strong occupancy rates and long-term stability for the park.Financials and rent roll available with NDA.Financing is available with 20% Down at local bank.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,256
Lot Details
- Property is in excellent condition
Parking
- 1 Parking Space Included
Home Design
- Mobile Home Park
Listing and Financial Details
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,256 | $72,564 | $0 | $0 |
| 2023 | $2,207 | $70,450 | $0 | $0 |
| 2022 | $2,090 | $68,399 | $0 | $0 |
| 2021 | $2,025 | $66,407 | $0 | $0 |
| 2020 | $1,960 | $64,473 | $0 | $0 |
| 2019 | $1,961 | $62,595 | $0 | $0 |
| 2018 | $1,864 | $59,002 | $0 | $0 |
| 2017 | $1,739 | $59,002 | $0 | $0 |
| 2016 | $1,733 | $59,002 | $0 | $0 |
| 2015 | $1,632 | $59,002 | $0 | $0 |
| 2014 | $1,779 | $58,548 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | For Sale | $1,450,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document |
Source: San Juan County Board of REALTORS®
MLS Number: 25-905
APN: 0060006
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