La Luz Multifamily
For Sale
$1,300,000
1 Thru 16 Sams Court, La Luz, NM 88337
MULTI_FAMILY - NM
Lot Size3.46 Acres
Days on Market299
Property Features for 1 Thru 16 Sams Court
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
UCO
Bedrooms
54
Bathrooms
36
Full bathrooms
36
Rooms
Bedroom 50, Bathroom 24, Bedroom 42, Bathroom 22, Bathroom 28, Bedroom 38, Bathroom 12, Bedroom 53, Bedroom 7, Bedroom 19, Bedroom 6, Bedroom 23, Bedroom 8, Bathroom 9, Bedroom 11, Bedroom 4, Bedroom 22, Bedroom 29, Bathroom 31, Bedroom 17, Bedroom 47, Bedroom 13, Bedroom 3, Bathroom 21, Bedroom 28, Bedroom 48, Bathroom 6, Bathroom 7, Bathroom 19, Bathroom 20, Bedroom 27, Bedroom 35, Bathroom 33, Bedroom 49, Bedroom 24, Bedroom 14, Bedroom 34, Bathroom 11, Bedroom 51, Bathroom 15, Bathroom 26, Bathroom 18, Bathroom 35, Bedroom 20, Bedroom 15, Bathroom 25, Bathroom 14, Bathroom 1, Bathroom 34, Bedroom 37, Bedroom 41, Bathroom 13, Bedroom 26, Bedroom 40, Bathroom 16, Bathroom 32, Bathroom 5, Bedroom 54, Bathroom 17, Bedroom 45, Bedroom 16, Bedroom 31, Bedroom 33, Bedroom 32, Bathroom 27, Bedroom 9, Bathroom 4, Bathroom 8, Bathroom 3, Bedroom 39, Bathroom 36, Bathroom 2, Bedroom 30, Bedroom 52, Bedroom 25, Bedroom 36, Bedroom 18, Bathroom 29, Bedroom 2, Bathroom 10, Bedroom 5, Bedroom 46, Bedroom 44, Bedroom 10, Bathroom 30, Bedroom 12, Bathroom 23, Bedroom 21, Bedroom 43, Bedroom 1
Appliances
Dishwasher, FreeStandingElectricRange, Refrigerator
Directions
From Main St. Turn Left onto Section Rd. Then turn left onto Sams Place
Subdivision
550 - Otero
Standard status
Active
APN
01O4056089021342
Lot size
3.46 Acres
Taxes and HOA fees
Tax Annual Amount
1000
Utilities
Heating system
Forced Air, Central
Building Details
Floors in Building
1
Number of units
20
Listing Agency:
Berkshire Hathaway NM Prop · Berkshire Hathaway HomeServices
(505) 798-6300
Listed By:
Thomas Gallegos · License #45240
(505) 261-8687
Added: Oct 6, 2025
Changed: Jul 28
Last Checked: Jul 31 at 1:06AM
MLS# 1092578
Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in La Luz, New Mexico, this investment property features 29 spaces with existing meter infrastructure. Situated on 3.46 acres, the property currently has 20 occupied spaces with manufactured homes, all separately metered. Eleven of these homes have been rehabbed, providing immediate income. The property is being improved monthly, with the current owner rehabbing one home every 30 days, increasing gross annual income. Tenants benefit from convenient access to Alamogordo's schools, shopping, and amenities, while enjoying the quiet charm of La Luz. The property offers flexible management potential and room for future improvements.
Key Highlights
- 29 total spaces on 3.46 acres, with 20 manufactured homes currently occupied
- All manufactured homes have separate metering, with existing meter infrastructure on site
- 11 of the 20 occupied homes are already rehabbed
Property Analytics
Property Profile
Current Use
Lease Details
69%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
40
Businesses Nearby
Explore this area
Business Placement
Demographics for 88337, NM
2,325
Population
1,134
Households
2.1
Avg Household Size
51
Median Age
26%
College-Educated
98%
High-School Grad
40.4 sq mi
ZIP Area
58
Density / Sq Mi
$58,171
Median Household Income
$29,754
Median Earnings
$774
Median Rent
$143,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Growing investment opportunity with 29 spaces in La Luz.
Where is this mobile home & rv park located?
The property is located at 1 Thru 16 Sams Court La Luz, NM.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 29 total spaces on 3.46 acres, with 20 manufactured homes currently occupied; All manufactured homes have separate metering, with existing meter infrastructure on site; 11 of the 20 occupied homes are already rehabbed
