Bloomfield Mobile Home Park
1301 SANCHEZ Lane Bloomfield, NM 87413
1301 SANCHEZ Lane, Bloomfield, NM, 87413
$295,000
Pending
For Sale
$295,000
Pending
MULTI_FAMILY - Bloomfield, NM
Lot Size1.65 Acres
Days on Market373
Property Features for 1301 SANCHEZ Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Pending
- Lot size
- 1.65 Acres
Taxes and HOA fees
- Tax Description
- '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
Building Details
- Number of units
- 6
Listing Agency
R1 New Mexico Farmington
(505) 326-0110
206 W Main St., Farmington, NM
Listed by
Doug Farley · License #53466
(970) 946-6511
Added: Jul 10, 2025 Checked: Jul 17 at 4:06 am
MLS# 25-906
Listing URL
Copyright © 2026 San Juan County Board of Realtors. 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 six-space mobile home park in Bloomfield, NM, presents an investment opportunity with existing cash flow and potential for long-term growth. The property currently operates at an 8.9% cap rate and a 9% cash-on-cash return, based on 30% down. The park features a combination of one park-owned and five tenant-owned homes, offering a balance between income stability and reduced maintenance responsibilities. All homes are connected to city utilities and have individual propane tanks. The landlord currently covers the cost of water and electricity, providing an opportunity for future expense adjustments. The 1.65-acre property includes irrigation rights and mature trees, with a well-organized layout designed to enhance tenant appeal. A reliable on-site maintenance person ensures consistent and responsive property upkeep. Located in a market with consistent demand for affordable housing, this park offers immediate cash flow with the potential for value-add strategies through rent optimization or infill opportunities.
Key Highlights
- High Cash Flow: 8.9% Cap Rate and 9% Cash on Cash Return.
- Balanced Income Mix: Combination of park‑owned and tenant‑owned homes provides income stability.
- City Utilities: Homes connected to city utilities ensure reliable service.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Similar For Sale Nearby
FAQs
What type of property is this?
Mobile home & RV park - Six-space mobile home park with cash flow and upside.
Where is this mobile home & rv park located?
The property is located at 1301 SANCHEZ Lane Bloomfield, NM.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: High Cash Flow: 8.9% Cap Rate and 9% Cash on Cash Return.; Balanced Income Mix: Combination of park‑owned and tenant‑owned homes provides income stability.; City Utilities: Homes connected to city utilities ensure reliable service.
