1310 SANCHEZ Lane Bloomfield, NM 87413

This 29-space mobile home park in Bloomfield, New Mexico, presents an investor opportunity with strong cash flow and long-term upside. The property features a mix of 18 park-owned and 11 tenant-owned homes, offering a balanced income stream and manageable maintenance. The homes are connected to city utilities, with each unit having separate propane. Water and electric are currently paid by the landlord, providing flexibility for future expense adjustments. The 5-acre park benefits from irrigation rights, mature trees, and a well-organized layout. A reliable on-site maintenance person ensures consistent and responsive property upkeep. Located in a market with steady demand for affordable housing, this park offers immediate cash flow with potential for value-add strategies through rent optimization or infill opportunities. The owner has been upgrading and renovating all park-owned homes, enhancing the community's overall quality and appeal. These improvements help increase demand from prospective residents, contributing to strong occupancy rates and long-term stability. Financials and rent roll are available with a non-disclosure agreement. Financing is available with 20% down at a local bank. The property has an 11.5% cap rate and an 18.6% cash on cash return, based on 30% down.