1307 SANCHEZ Lane, Bloomfield, NM 87413

$1,600,000

Property Type: Residential Income Status: Pending

Current Price: $1,600,000 List Date: 7/11/2025 Last Modified: 12/23/2025

Overview

Description

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. Financi ... (Read more)

Listing Details MLS# 25-904

Location, Tax & Legal

Area: Bloomfield
Street Number: 1307
Street Name: SANCHEZ
Street Suffix: Lane
County: San Juan
State/Province: NM
Postal Code: 87413
Subdivision: None
Legal: 'BEG WEST 1099.72 FT FROM E1/4 CORNER OF SEC 28 29 11. THENCE WEST 216.71 FT SOUTH 332.60 FT N75-42E 268.38 FT N09-14-4
Annual Taxes: 15,768.00
Pending Foreclosure: No
Foreclosed: No
Relocation: No
Short Sale: No

Listing Info

GRT Location Code: 16-312

Property Information

Sub Type: Mobile Home Park
For Sale: Sale
Realtor.com Type: Multi-Family
Age: 51 +
Total Living Area: 3501 or More
Approx. SqFt: No
# of 1 Bedroom Units: 0
# of 2 Bedroom Units: 0
# of 3 Bedroom Units: 0

Status Change Info

Under Contract Date: 2025-12-20
Status Change Date: 2025-12-23

Remarks & Misc

Public Remarks: 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.

Zoning

Multi-Fam Med Dens: Yes

More Information

Possession

Recording: Yes

Operating Expenses

Electricity: Yes
Personal Prop Taxes: Yes
Property Insurance: Yes
Property Management: Yes
Real Estate Taxes: Yes
Sewer & Water: Yes

Documents on File

Appraisal: Yes
Financial Details: Yes

Condition

Excellent: Yes

Type Tenancy

Month - Month: Yes

Parking Per Unit

One: Yes
Two: Yes

Flood Zone A

Unknown: Yes

Util/Svc incl Rent

Electric: Yes
Sewer: Yes
Water: Yes

Water & Sewer

City Sewer: Yes
City Water: Yes

How To Show

Appointment Only: Yes

Property Features

Zoning: Multi-Fam Med Dens Operating Expenses: Electricity; Personal Prop Taxes; Property Insurance; Property Management; Real Estate Taxes; Sewer & Water Documents on File: Appraisal; Financial Details Condition: Excellent Type Tenancy: Month - Month Parking Per Unit: One; Two Flood Zone A: Unknown Possession: Recording How To Show: Appointment Only

Listing Office: R1 New Mexico Farmington

Listing Agent: Brett Rosenbaugh

Last Updated: December - 23 - 2025

The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ('IDX') program of SJCBR, Inc. Real estate listings held by brokers other than [ insert IDX Subscriber's firm name here] are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. The information contained in this publication is subject to change without notice. SJCBR, INC. Makes no warranty of any kind with regard to this material, including, but not limited to, the implied warranties of merchantability and fitness for a particular purpose. SJCBR, INC. Shall not be liable for errors contained herein or for any damages in connection with the furnishing, performance, or use of this material.

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