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1 Thru 16 Sams Court La Luz, NM $ 1,300,000
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$ 1,300,000 Get more info
1 Thru 16 Sams Court
$ 1,300,000
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Share Save

1 Thru 16 Sams Court

La Luz, NM, 88337
$ 1,300,000
Bedrooms54 Baths36.0

Monthly Estimate*

$ 8,110

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Multi-Family Home for sale in La Luz, NM

for $1,300,000 with 54 bedrooms and 36 full baths. The lot size is 3.46.

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.

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Multi-Family Active

Price

$ 1,300,000

Bedrooms

54

Full Bath

36

Property Type

Multi-Family

Taxes

$ 1,000

Style

Lot Size

3.46

Town/City

La Luz

County/Region

Otero

MLS | Web ID

1092578
Features
General
Heating Central Forced Air
Cooling Evaporative Cooling
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Available Water Connected
Appliances Dishwasher Free-Standing Electric Range Refrigerator
Tenant Pays Other See Remarks All Utilities
Stories Count 1
Levels One
Property Subtype Other
County Otero
New Construction false
Property Type Residential Income
Green Energy Generation None
Status Active
Directions From Main St. Turn Left onto Section Rd. Then turn left onto Sams Place
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description UCO
Number Of Units Total 20
MLS Area 550 - Otero
Lot Size Square Feet 150718
Listing Terms Cash Conventional
Tax Annual Amount 1000
Property Condition Resale
Builder Name Unknown
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional Other
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Interior
Flooring See Remarks
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 54
Unit Type Manager's Unit
Total Baths 36
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Exterior
Water Source Community/Coop
Number of Buildings 20
Lot Size Acres 3.46
Lot Size Source Public Records
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* Excluded Features
List By
Thomas Gallegos

Listing Agent

Berkshire Hathaway Nm Prop

Broker

tgallegos505@gmail.com

Email

Affordability Calculator

$8,194
Per Month
99%
1%
0%
Monthly Principal & Interest
$8,110
Monthly Property Taxes
$83
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/7/2025$1,300,000 Listed Price

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1 Thru 16 Sams Court, La Luz, NM, 88337 is a Multi-Family Home for sale at $1,300,000 with a lot size of 3.46. 1 Thru 16 Sams Court has 54 bedrooms and 36.0 baths. The property's zip code is 88337 which is in La Luz, NM

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