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39-Space Mobile Home Park
For Sale
Contact for pricing
Pending

3665 Cerrillos Rd, Santa Fe, NM 87507

Tenant-owned homes are supported by municipal water and sewer service in a walkable Santa Fe setting.

Property SizeContact for details
Days on Market141

Property Features for 3665 Cerrillos Rd

General Information

Standard status Pending
Property subtype Mobile Home Park

Financials

Asking Price $3,100,000
Cap Rate 6.23%

Additional Details

Utilities to Site Yes
Listing Agency: NorthMarq Albuquerque
Listed By: Cynthia Meister · License #19245
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 2:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NorthMarq Albuquerque

Investment Insights

Based on property information with market context.

Vagabond is a mobile home park with 39 spaces and primarily tenant-owned homes. The property is served by city water and sewer, and three vacancies are currently identified. Operating considerations include utility pass-throughs, road resurfacing, and filling the vacant spaces. The site also offers the ability to add park models and single-wide homes over time.

Located at 3665 Cerrillos Rd in Santa Fe, New Mexico, the property is within walking distance of restaurants, stores, schools, and shopping. Walk Score is 70 and Bike Score is 76. The financial summary reflects a 32.56% expense ratio and a 6.23% cap rate.

Key Highlights

  • 39‑space mobile home park with primarily tenant‑owned homes
  • City water and sewer service
  • Three current vacancies identified

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Real Estate Agency Pet Grooming Service Barber Shop Catering Service

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

793
Businesses Nearby

Demographics for 87507, NM

51,338
Population
21,272
Households
2.4
Avg Household Size
38
Median Age
31%
College-Educated
86%
High-School Grad
96.1 sq mi
ZIP Area
534
Density / Sq Mi
$62,955
Median Household Income
$34,102
Median Earnings
$1,276
Median Rent
$333,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Tenant-owned homes are supported by municipal water and sewer service in a walkable Santa Fe setting.
Where is this mobile home & rv park located?
The property is located at 3665 Cerrillos Rd Santa Fe, NM.
What are key features of this property?
This property features: 39‑space mobile home park with primarily tenant‑owned homes; City water and sewer service; Three current vacancies identified
(505) 219-0724 Call to check price and availability
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