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    La Luz Multifamily Investment Title is generated by Realmo AI

    1 Thru 16 Sams Court, La Luz, NM 88337

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    Claim this Listing
    For Sale
    $1,300,000

    MULTI_FAMILY - NM

    Lot size:
    3.46 Acres
    Added:
    Oct 6, 2025
    Days on Market:
    265
    Last Refresh:
    Jun 27 at 12:06 am

    Property Features for 1 Thru 16 Sams Court

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    54
    Bathrooms
    36
    Rooms
    Bathroom 30, Bedroom 18, Bathroom 11, Bedroom 37, Bedroom 24, Bedroom 31, Bathroom 24, Bedroom 48, Bedroom 52, Bedroom 50, Bathroom 10, Bedroom 15, Bathroom 16, Bedroom 19, Bedroom 22, Bedroom 6, Bathroom 26, Bathroom 32, Bedroom 45, Bathroom 9, Bedroom 34, Bathroom 25, Bedroom 2, Bedroom 4, Bedroom 27, Bedroom 43, Bathroom 17, Bedroom 44, Bedroom 46, Bedroom 54, Bedroom 30, Bathroom 34, Bathroom 3, Bathroom 20, Bathroom 8, Bedroom 25, Bedroom 10, Bedroom 7, Bathroom 5, Bedroom 16, Bathroom 13, Bedroom 11, Bathroom 1, Bathroom 27, Bedroom 28, Bedroom 23, Bathroom 19, Bedroom 53, Bedroom 8, Bedroom 38, Bedroom 26, Bedroom 29, Bedroom 39, Bathroom 23, Bathroom 15, Bedroom 17, Bathroom 28, Bathroom 12, Bedroom 42, Bathroom 35, Bedroom 9, Bedroom 41, Bedroom 20, Bedroom 51, Bedroom 36, Bedroom 5, Bathroom 36, Bedroom 40, Bathroom 6, Bedroom 3, Bathroom 7, Bedroom 32, Bathroom 18, Bathroom 31, Bedroom 1, Bedroom 35, Bedroom 12, Bathroom 2, Bathroom 4, Bedroom 14, Bathroom 21, Bathroom 33, Bedroom 21, Bathroom 22, Bedroom 49, Bedroom 13, Bathroom 14, Bedroom 47, Bedroom 33, Bathroom 29
    Appliances
    Dishwasher, FreeStandingElectricRange, Refrigerator
    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

    We can help!

    Contact an agent
    Thomas Gallegos
    Thomas Gallegos

    Listing agent Thomas Gallegos License #45240

    Listing office Berkshire Hathaway NM Prop 6711 Academy Rd Ste B, Albuquerque, NM

    Listing date Oct 6, 2025

    MLS# 1092578 Listing URL

    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.

    HighLights

    • High cap rate: Approximate cap rate over 7%, representing a strong investment opportunity.
    • Immediate income with upside: 20 of 29 spaces are occupied, with 11 already rehabbed, providing immediate income and potential for increased revenue.
    • Increasing income: The current owner is actively rehabbing one home every 30 days, increasing gross annual income by over $7,000 monthly.
    • Large 3.46 acre lot: Offering ample space for tenants and potential future development.
    • Convenient location: Located in La Luz, providing convenient access to Alamogordo's schools, shopping, and amenities.
    • Flexible management: Offers flexible management potential, allowing for various operational strategies.

    Overview

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

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

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    La Luz
    County
    Otero
    State
    New Mexico
    Longitude
    -105.939451
    Latitude
    32.979473

    FAQs

    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: High cap rate: Approximate cap rate over 7%, representing a strong investment opportunity.; Immediate income with upside: 20 of 29 spaces are occupied, with 11 already rehabbed, providing immediate income and potential for increased revenue.; Increasing income: The current owner is actively rehabbing one home every 30 days, increasing gross annual income by over $7,000 monthly.
    More about this property
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