1513 Gabaldon Rd NW

Fully Occupied Mobile Home Park in Albuquerque’s North Valley

Positioned on 2.3469 acres in the desirable North Valley of Albuquerque, NM, this stabilized mobile home park offers immediate cash flow and steady long-term performance. The property is fully occupied, featuring 13 mobile home spaces plus 6 additional parking spaces currently leased for supplemental income.

The offering also includes two seller-financed notes tied to individual mobile homes, providing additional passive revenue streams for investors seeking predictable monthly returns. See APOD for details

With consistent tenancy and multiple income sources, this property delivers reliable performance in one of Albuquerque’s most established submarkets. The North Valley’s strong demand for affordable housing and limited comparable inventory further supports long-term stability and growth potential.

Key financial highlights include:

• Net Operating Income: $70,696
• Cap Rate: 7.86 percent
• Cash-on-Cash Return: 7.47 percent