Mobile Home Park with 35
1307 SANCHEZ Lane Bloomfield, NM 87413
1307 SANCHEZ Lane, Bloomfield, NM, 87413
$1,600,000
Pending
For Sale
$1,600,000
Pending
MULTI_FAMILY - Bloomfield, NM
Lot Size6.65 Acres
Days on Market373
Property Features for 1307 SANCHEZ Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Pending
- Lot size
- 6.65 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
- 35
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 6:06 am
MLS# 25-904
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 35-space mobile home park is positioned on two parcels and features a mix of 19 park-owned homes and 16 tenant-owned homes. The property is set up with city utilities, and each unit is separately serviced with propane. Water is currently paid by the landlord, providing flexibility for future expense management. The community has irrigation rights, mature trees, and a well-organized layout designed to support tenant appeal and day-to-day operations.
An operational strength is the presence of a reliable on-site maintenance person, which supports consistency and responsiveness for property upkeep. The owner has continued upgrades and renovations to the park-owned homes, with the goal of maintaining community quality and supporting resident demand. Financials and the rent roll are available subject to NDA.
For investors or operators seeking an affordable-housing platform, this property offers an immediate, cash-flowing structure supported by its owner- and tenant-owned mix and ongoing maintenance coverage. Underwritten returns referenced by the seller include a 12% cap rate and 15% cash-on-cash with 30% down. Financing is also described as available with 20% down through a local bank.
An operational strength is the presence of a reliable on-site maintenance person, which supports consistency and responsiveness for property upkeep. The owner has continued upgrades and renovations to the park-owned homes, with the goal of maintaining community quality and supporting resident demand. Financials and the rent roll are available subject to NDA.
For investors or operators seeking an affordable-housing platform, this property offers an immediate, cash-flowing structure supported by its owner- and tenant-owned mix and ongoing maintenance coverage. Underwritten returns referenced by the seller include a 12% cap rate and 15% cash-on-cash with 30% down. Financing is also described as available with 20% down through a local bank.
Key Highlights
- 35‑space mobile home park in Bloomfield, New Mexico on 2 parcels
- Mix of 19 park‑owned and 16 tenant‑owned homes
- All homes connected to city utilities; each unit has separate propane
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 - Investor-focused park with city utilities, irrigated grounds, and a mix of owner- and tenant-owned homes.
Where is this mobile home & rv park located?
The property is located at 1307 SANCHEZ Lane Bloomfield, NM.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 35‑space mobile home park in Bloomfield, New Mexico on 2 parcels; Mix of 19 park‑owned and 16 tenant‑owned homes; All homes connected to city utilities; each unit has separate propane
