1301 SANCHEZ Ln Bloomfield, NM 87413

Price
$295,000
Listed On
Type
For Sale
Status
Active
1301 SANCHEZ Ln, Bloomfield, NM 87413
1301 SANCHEZ Ln, Bloomfield, NM 87413
Asking  $295,000

Snapshot

Type
For Sale
Category
Purchase
Property Type
Residential Multi Family
Property Subtype
Other
MLS Number
25-906
Parcel Number
Property Sqft
Lot Size
Bedrooms
0
Bathrooms
0
Full Bathrooms
0
3/4 Bathrooms
0
Half Bathrooms
0
Quarter Bathrooms
0
Lot Size (in sqft)
-
Price Low
-
Room Count
-
Building Unit Count
-
Condo Floor Number
-
Number of Buildings
-
Number of Floors
0
Parking Spaces
0
Location Directions
US-550 S/S Bloomfield Blvd1.0 miTurn right onto Rd 5010/Mangum Rd0.3 miTurn right onto Sanchez Ln308 ftTurn right to stay on Sanchez Ln
Legal 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
Special Listing Conditions
Auction
Auction
Bankruptcy Property
Bankruptcy Property
HUD Owned
HUD Owned
In Foreclosure
In Foreclosure
Notice Of Default
Notice Of Default
Probate Listing
Probate Listing
Real Estate Owned
Real Estate Owned
Short Sale
Short Sale
Third Party Approval
Third Party Approval

Description

This 6-space mobile home park offers cash flow and long-term upside with a 8.9% cap rate, and 9% Cash on Cash Return, based on 30% down. Property features a blend of 1 park-owned and 5 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 & Electric 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.

More Details

MLS Name
San Juan County Board of Realtors
Source
ListHub
MLS Number
25-906
MLS ID
SJCBRNM
Virtual Tour
PARTICIPANT
Name
Brett Rosenbaugh
Primary Phone
(970) 946-7079
Key
3YD-SJCBRNM-20200721172717154454000000
Email
durangohomeco@gmail.com
BROKER
Name
R1 New Mexico Farmington
Phone
(970) 946-6511
OFFICE
Name
R1 New Mexico Farmington
Phone
(505) 326-0110
Copyright © 2025 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.

Features

Basement
Basement
Dock
Dock
Elevator
Elevator
Fireplace
Fireplace
Greenhouse
Greenhouse
Hot Tub Spa
Hot Tub Spa
New Construction
New Construction
Pool
Pool
Sauna
Sauna
Sports Court
Sports Court
Waterfront
Waterfront
Architectural Style
Other
Other

History

DateEventPrice$/SqftSource
Listed For Sale$295,000 $∞R1 New Mexico Farmington
Report issue with price history

Nearby Schools

Elementary School

Blanco Elementary

1.1 miles awayPK - 06

Elementary School

Central Primary

1.3 miles away01 - 03

Junior High School

Mesa Alta Junior High

1.4 miles away07 - 08
Show more
Get more info on 1301 SANCHEZ Ln, Bloomfield, NM 87413
Profile
Brett Rosenbaugh
Listing Agent
(970) 946-7079
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
Brett Rosenbaugh
Listing Agent
(970) 946-7079
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.