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1 Thru 16 Sams Court
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1 Thru 16 Sams Court
1 Thru 16 Sams Court
1 Thru 16 Sams Court
1 Thru 16 Sams Court
1 Thru 16 Sams Court
1 Thru 16 Sams Court
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1 Thru 16 Sams Court

NA, NM 88337

$1,300,000
54 bd • 36 ba • 3.46 acres
1 Story
Stories
10/07/2025
Listing Date
1092578
Listing #
88337
Zip Code
Otero
County

About This Property

Incredible VALUE ADD Investment opportunity in the heart of La Luz, New Mexico! This one enjoys an approximate Cap Rate over 6%. This 20-space mobile home park sits on 3.46 acres, offering steady income potential and long-term growth. With ample space and infrastructure for 3-4 Additional Homes, the property provides tenants with a comfortable setting while giving an investor room to maximize returns. Located just minutes from Alamogordo, the park benefits from convenient access to schools, shopping, and local amenities, while still enjoying the quiet charm of La Luz. The 3.46-acre parcel allows for flexible management and potential future improvements. Whether you're looking to expand your investment portfolio or enter the manufactured housing market.

Interior

Bathrooms Total: 36
Appliances: Dishwasher, Free-Standing Electric Range, Refrigerator
Flooring: See Remarks

Building And Construction

Property Type: Residential Income
Levels: One
Number Of Units Total: 20
Stories: 1
Property Condition: Resale

Exterior And Lot

Lot Size Acres: 3.46
Lot Size Square Feet: 150,718 sqft

Provisional

MLS #: 1092578
Listing Terms: Cash, Conventional
Number Of Buildings: 20
Occupant Type: Owner
Owner Pays: Common Area Maintenance
Tenant Pays: Other, See Remarks, All Utilities

Area And Schools

Postal Code: 88337
MLS Area Major: Otero
County: Otero
Parcel Number: 01O4056089021342

Utilities

Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
Cooling: Evaporative Cooling
Heating: Central, Forced Air
Heating (Y/N): Yes
Water Source: Community/Coop

Location

Directions: From Main St. Turn Left onto Section Rd. Then turn left onto Sams Place

Mortgage Calculator

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** All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

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Listing courtesy of Berkshire Hathaway NM Prop
Southwest MLS Logo Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

(505) 521 8550