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1 Thru 16 Sams Court, 
-, NM 88337

$1,300,000

54

Beds

36

Baths

-

Sq Ft

Multi-Family

Active

Listed by

Thomas Gallegos

, 

Max C Maner

Berkshire Hathaway Nm Prop

505-798-6300

Last updated:

May 28, 2026, 02:21 PM

MLS#

1092578

Source:

NM SWMLS

About This Home

1 Thru 16 Sams Court

Incredible GROWING investment opportunity in the heart of La Luz, New Mexico! This property offers an approximate cap rate over 7% and features 29 total spaces with existing meter infrastructure. Currently, 20 spaces are occupied by manufactured homes all separately metered with 11 of those homes already rehabbed, providing immediate income with additional upside. The property is also being improved monthly, with the current owner rehabbing one home every 30 days, increasing gross annual income by over $7,000 every 30 days. Situated on 3.46 acres, tenants enjoy a comfortable setting with convenient access to nearby Alamogordo's schools, shopping, and amenities, while still benefiting from the quiet charm of La Luz. With flexible management potential and room for future improvements, this

Home Facts

Multi-Family

36 Baths

54 Bedrooms

Price Summary

1,300,000

MLS #:

1092578

Last Updated:

May 28, 2026, 02:21 PM

Added:

8 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

54

Bathrooms

Total Bathrooms:

36

Lot

Lot Size (Sq. Ft):

150,717

Finances & Disclosures

Finances

Price:

$1,300,000

Source:NM SWMLS
The information being provided by Greater Albuquerque Aor/Southwest Mls 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. © 2026 Greater Albuquerque Aor/Southwest Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.