Lot Sale Pending near San Juan River

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.

Property Details

  • Location: San Juan River
  • County: San Juan County
  • MLS #: 25-906

Location

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Contact Information:

Contact Agent
Listing Agent: Brett Rosenbaugh, R1 New Mexico Farmington, 970-946-7079, 505-326-0110 Listing Site, Listing Status: Pending
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.

Ad Statistics:

Lake Lot Sale Pending in Bloomfield, New Mexico
Ad Number : 6916221
Viewed: 24 times
Added: Jul 11, 2025
Updated on: Jul 11, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.