About Sams Court
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.
Features of Sams Court
| MLS® # | 1092578 |
|---|---|
| Price | $1,300,000 |
| Original Price | $1,300,000 |
| Bedrooms | 54 |
| Bathrooms | 36.00 |
| Acres | 3.46 |
| Type | Residential Income |
| Sub-Type | Other |
| Status | Active |
| Is Green | No |
| Guest House | No |
Community Information
| Address | Sams Court |
|---|---|
| Area | 550 - Otero |
| County | Otero |
| State | NM |
| Zip Code | 88337 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Available, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | See Remarks |
|---|---|
| Appliances | Dishwasher, Free-Standing Electric Range, Refrigerator |
| Heating | Central, Forced Air |
| Cooling | Evaporative Cooling |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Builder | Unknown |
|---|
Additional Information
| Date Listed | October 7th, 2025 |
|---|---|
| Days on Market | 4 |
| RE / Bank Owned | No |
| Finance Considered | Cash, Conventional |
| Current Taxes | $1,000 |
Listing Details
| Office | Berkshire Hathaway NM Prop |
|---|