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Pending
  • $1,600,000

    1307 Sanchez Ln, Bloomfield, NM 87413

    32beds
    21baths
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    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Irrigation rightsMature trees
    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. The owner's takes pride in the ongoing upgrades and renovations to all park-owned homes which 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. Financing is available with 20% Down at local bank.
    361 days
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    3
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Brett Rosenbaugh 505-326-0110,

    R1 New Mexico Farmington 505-326-0110

    Source: SJCMLS,MLS#: 25-904MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 32
      • Bathrooms: 21
      Features
      • Has fireplace: No

      Property

      Details
      • Parcel number: M0066414
      • Zoning description: Multi-Fam Med Dens

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family

      Utilities & green energy

      • Electric: Electric

      Community & HOA

      Location
      • Region: Bloomfield

      Financial & listing details

      • Tax assessed value: $1,547
      • Annual tax amount: $15
      • Date on market: 7/11/2025
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $764/mo

        Price history

        DateEventPrice
        12/23/2025Pending sale$1,600,000
        Source: SJCMLS #25-904 Report a problem
        7/11/2025Listed for sale$1,600,000
        Source: SJCMLS #25-904 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2016$15 +3.3%$516
        2015$14 -8.6%$516 -1.9%
        2014$16 +9.2%$526
        2013$14 $526
        2012$14 +3%$526 -99.1%
        2011$14 $59,403

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 87413

        Getting around

        1 / 100
        Car-Dependent
        1 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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