Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Cornerstone Realty
Property view
Listing view 2
Listing view 3

1307 Sanchez Lane, 
Bloomfield, NM 87413

$1,600,000


Bed


Bath


-

Sq Ft


Manufactured

Active

Listed by

Brett Rosenbaugh

R1 New Mexico Farmington

505-326-0110

Last updated:

July 11, 2025, 04:50 PM

MLS#

25-904

Source:

NM SJCBR

About This Home

1307 Sanchez Lane

Investor opportunity in Bloomfield, New Mexico — this 35-space mobile home park offers strong cash flow and long-term upside with a 12% cap rate, and 15% Cash on Cash Return, based on 30% down. Property sits on 2 parcels, and features a blend of 19 park-owned and 16 tenant-owned homes, providing a balanced mix of income stability and lower maintenance demands. Homes are connected to city utilities, with each unit on separate propane. Water is currently paid by the landlord, allowing flexibility for future expense adjustments. The park includes irrigation rights, mature trees, and a well-organized layout that enhances tenant appeal. A major operational asset is the reliable on-site maintenance person, who brings consistency and responsiveness to property maintenance. Located in a market with steady demand for affordable housing, this park presents an immediate cash-flowing investment with potential for value-add strategies through rent optimization or infill opportunities. Financials and rent roll available with NDA.

Home Facts

Manufactured

Price Summary

1,600,000

MLS #:

25-904

Last Updated:

July 11, 2025, 04:50 PM


Finances & Disclosures

Finances

Price:

$1,600,000

MLS Logo
The information being provided by San Juan County Board of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 San Juan County Board of Realtors All rights reserved.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.