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Manufactured Housing Community
For Sale
$1,300,000

1 Thru 16 Sams Court, La Luz, NM 88337

ResidentialIncome, NM

Property SizeContact for details
Lot Size3.46 Acres
Days on Market373

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 Bathroom 19, Bedroom 3, Bathroom 5, Bedroom 39, Bedroom 33, Bedroom 25, Bathroom 6, Bathroom 31, Bedroom 30, Bedroom 51, Bathroom 9, Bedroom 7, Bedroom 34, Bathroom 27, Bedroom 11, Bedroom 13, Bedroom 52, Bedroom 8, Bedroom 29, Bathroom 34, Bathroom 33, Bedroom 28, Bedroom 49, Bathroom 11, Bedroom 50, Bedroom 16, Bathroom 20, Bedroom 48, Bedroom 42, Bathroom 17, Bedroom 27, Bedroom 21, Bathroom 7, Bathroom 8, Bathroom 18, Bedroom 31, Bedroom 53, Bathroom 13, Bedroom 4, Bathroom 28, Bathroom 15, Bedroom 22, Bedroom 9, Bathroom 21, Bathroom 26, Bathroom 23, Bedroom 12, Bedroom 46, Bedroom 37, Bathroom 30, Bedroom 26, Bedroom 47, Bathroom 29, Bedroom 20, Bedroom 40, Bathroom 10, Bedroom 24, Bedroom 44, Bedroom 43, Bathroom 36, Bathroom 12, Bathroom 14, Bathroom 16, Bedroom 35, Bedroom 19, Bedroom 10, Bathroom 32, Bedroom 36, Bedroom 14, Bedroom 54, Bedroom 15, Bathroom 24, Bedroom 38, Bathroom 2, Bedroom 2, Bedroom 45, Bathroom 1, Bedroom 18, Bathroom 4, Bathroom 22, Bathroom 35, Bedroom 41, Bathroom 25, Bedroom 23, Bedroom 5, Bedroom 6, Bedroom 17, Bedroom 32, Bedroom 1, Bathroom 3
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
Listed By: Thomas Gallegos · License #45240
Added: Oct 6, 2025 Changed: Sep 30 Last Checked: Oct 13 at 8:06PM
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.

This manufactured housing property spans 3.46 acres and includes 29 platted spaces. Ten renovated homes are fully occupied and producing rental income. Renovation work has included roofing, plumbing, HVAC and other upgrades, with the seller completing about one home every three months. Each rehabilitation averages approximately $15,000. Electric service is separately metered, and the property uses community water. Some homes have been converted to all-electric service as part of the ongoing work.

Assessor records and drawings show approximately 20–21 spaces, as some manufactured homes cross the original lot lines. Ownership reports that tenants manage their own trash disposal at a public dump station about one mile away. The property is in La Luz, minutes from Alamogordo, with access to shopping, schools and employment.

Key Highlights

  • 3.46 acres with 29 platted spaces
  • 10 renovated homes are 100% occupied and producing rental income
  • Renovations average approximately $15,000 per home, with about one completed every three months

Property Analytics

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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.

Lease Details

29
Residential units
Yes
Utilities to site

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Renovated, fully occupied homes generate rental income, with separately metered electric and community water service.
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 acres with 29 platted spaces; 10 renovated homes are 100% occupied and producing rental income; Renovations average approximately $15,000 per home, with about one completed every three months
More about this property
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