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Pending
  • $1,450,000

    1310 Sanchez Ln, Bloomfield, NM 87413

    35beds
    23baths
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    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Irrigation rightsWell-organized layoutMature trees
    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.
    364 days
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    7
    |
    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#: 25-905MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 35
      • Bathrooms: 23
      Features
      • Has fireplace: No

      Property

      Details
      • Parcel number: 2064169100299
      • 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: $217,691
      • Annual tax amount: $2,145
      • Date on market: 7/11/2025
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,106/mo

        Price history

        DateEventPrice
        12/23/2025Pending sale$1,450,000
        Source: SJCMLS #25-905 Report a problem
        7/11/2025Listed for sale$1,450,000
        Source: SJCMLS #25-905 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,145 -1.2%$72,564 +3%
        2023$2,172 +6.2%$70,450 +3%
        2022$2,046 +3.9%$68,399 +3%
        2021$1,969 +3.4%$66,407 +3%
        2020$1,905 +12.7%$64,473 +9.3%
        2017$1,690 -2.8%$59,002
        2016$1,739 +6.5%$59,002
        2015$1,632 -8.2%$59,002 +0.8%
        2014$1,779 +8.3%$58,548 -0.7%
        2013$1,643 $58,976
        2012$1,643 -0.1%$58,976 -0.7%
        2011$1,645 $59,403 -2.5%
        2010-- $60,956

        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.
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        Climate risks

        Neighborhood: 87413

        Getting around

        1 / 100
        Car-Dependent
        1 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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