1 Thru 16 Sams Court, La Luz, NM 88337

La Luz
Local realty services provided by:ERA Sellers & Buyers Real Estate
1 Thru 16 Sams Court,, NM 88337
$1,300,000
  • 54 Beds
  • 36 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: thomas gallegos, max c maner
Office: berkshire hathaway nm prop
MLS#:1092578
Source:NM_SWMLS

Price summary

  • Price:$1,300,000

About this home

Incredible VALUE-ADD investment opportunity in the heart of La Luz, New Mexico! Situated on approximately 3.46 acres, this manufactured housing property consists of 29 platted spaces and offers significant potential for continued improvement and increased rental income.Located just minutes from Alamogordo, residents enjoy convenient access to shopping, schools, employment, and other amenities while maintaining the quieter setting of La Luz. With existing rental income, ongoing renovations, separately metered utilities, and additional value-add potential across the 29 platted spaces, this property presents an opportunity for an investor to continue the current improvement strategy and expand the property's income-producing potential. All these factors contribute to the pent up demad for these units. Rates have room to be increased based on area market.The property currently has 10 renovated homes that are 100% occupied and producing rental income. The seller has been systematically...

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Home facts

  • Listing ID #:1092578
  • Added:133 day(s) ago
  • Updated:September 30, 2026 at 05:05 PM

Rooms and interior

  • Bedrooms:54
  • Total bathrooms:36
  • Kitchen Description:Dishwasher, Free Standing Electric Range, Refrigerator

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Central, Forced Air

Structure and exterior

  • Lot area:3.46 Acres
  • Levels:1 Story

Utilities

  • Water:Community/Coop, Water Available, Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,300,000
  • Tax amount:$1,000

Features and amenities

  • Appliances:Dishwasher, Refrigerator

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