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Mobile Home & RV Park Investment
For Sale
$1,300,000

1 Thru 16 Sams Court, La Luz, NM 88337

MULTI_FAMILY - NM

Property SizeContact for details
Lot Size3.46 Acres
Days on Market311

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 42, Bathroom 18, Bedroom 34, Bedroom 52, Bedroom 50, Bedroom 46, Bedroom 4, Bedroom 20, Bedroom 40, Bedroom 13, Bedroom 11, Bathroom 19, Bedroom 10, Bedroom 37, Bedroom 39, Bathroom 1, Bedroom 48, Bathroom 9, Bathroom 22, Bedroom 51, Bathroom 31, Bathroom 4, Bathroom 36, Bathroom 6, Bedroom 7, Bedroom 35, Bedroom 27, Bathroom 16, Bedroom 38, Bedroom 33, Bedroom 31, Bedroom 24, Bathroom 5, Bathroom 13, Bathroom 23, Bathroom 24, Bathroom 29, Bathroom 30, Bedroom 23, Bathroom 14, Bathroom 15, Bedroom 5, Bathroom 21, Bathroom 3, Bedroom 19, Bedroom 15, Bedroom 43, Bathroom 35, Bedroom 6, Bathroom 2, Bathroom 17, Bathroom 32, Bedroom 54, Bathroom 11, Bedroom 49, Bedroom 30, Bedroom 2, Bathroom 28, Bedroom 28, Bathroom 8, Bedroom 25, Bedroom 41, Bedroom 47, Bedroom 45, Bedroom 18, Bedroom 9, Bathroom 12, Bedroom 17, Bathroom 34, Bedroom 1, Bedroom 29, Bedroom 21, Bathroom 20, Bathroom 26, Bathroom 27, Bathroom 25, Bedroom 22, Bathroom 10, Bedroom 14, Bedroom 8, Bedroom 32, Bedroom 26, Bedroom 36, Bedroom 3, Bedroom 16, Bedroom 44, Bedroom 12, Bathroom 33, Bedroom 53, Bathroom 7
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 Central, Forced Air

Building Details

Floors in Building 1
Number of units 20
Listing Agency: Berkshire Hathaway NM Prop · Berkshire Hathaway HomeServices
Listed By: Thomas Gallegos · License #45240
Added: Oct 6, 2025 Changed: Aug 1 Last Checked: Aug 12 at 10:06AM
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.

Mobile home and RV park investment in La Luz, New Mexico on 3.46 acres. The property has 29 total spaces with existing meter infrastructure, and 20 spaces are currently occupied by manufactured homes. Each manufactured home is separately metered, supporting independent utility billing. Of the occupied homes, 11 have already been rehabbed.

Management and operating pace are active: the property is being improved monthly, with the current owner rehabbing one home every 30 days. The opportunity is described as producing an approximate cap rate over 7%.

With a mix of occupied, rehabbed, and additional spaces on site, the property is positioned for ongoing updates and continued improvement over time while maintaining an occupied base.

Key Highlights

  • 3.46‑acre mobile home & RV park with 29 total spaces
  • 20 occupied spaces with manufactured homes
  • Existing meter infrastructure with separately metered homes

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Auto Repair Shop Storage Facility Law Firm Pet Store & Service Wine and Liquor Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Mobile home and RV park on 3.46 acres with 29 total spaces and separately metered manufactured homes.
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: 3.46‑acre mobile home & RV park with 29 total spaces; 20 occupied spaces with manufactured homes; Existing meter infrastructure with separately metered homes
More about this property
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