$1,450,000

1310 Sanchez Ln Bloomfield, NM 87413

Estimated payment $8,193/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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.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

Est. Annual Taxes

  • $2,207

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

Est. Annual Taxes

$2,207

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: 5
  • 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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Average Value
Not Available
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

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 $2,207 $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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $1,450,000 -- --
Source: San Juan County Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $80,000 Commercial
Source: Public Records

Source: San Juan County Board of REALTORS®

MLS Number: 25-905

APN: 0060006

New Mexico San Juan County Bloomfield 87413

1310 Sanchez Ln, Bloomfield, NM

This home is located at 1310 Sanchez Ln, Bloomfield, NM 87413 and is currently priced at $1,450,000. 1310 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) 578-7351