New Mexico Mobile Home Park Operator Resources
Quick-reference guides for operating a mobile home park in New Mexico — covering rent control, eviction process, lease law, and market data. Governed by Mobile Home Park Act (Chapter 47, Article 10).
Rent Control in New Mexico
New Mexico does not currently impose rent control on mobile home park lot rents. Operators must still follow Mobile Home Park Act (Chapter 47, Article 10) notice requirements and lease provisions on every increase.
Eviction ProcessEviction Process in New Mexico
Mobile home park evictions in New Mexico typically take longer than apartment evictions because the resident often owns the home. This is the step-by-step process under Mobile Home Park Act (Chapter 47, Article 10), with notice periods, court timelines, and operator best practices.
Lease LawLease Law in New Mexico
Lease requirements for mobile home parks in New Mexico go beyond standard residential lease language. Mobile Home Park Act (Chapter 47, Article 10) imposes MHP-specific provisions that don't apply to apartments. This guide covers the disclosures, notice formats, and clauses operators in New Mexico should include.
Market DataMarket Data in New Mexico
The Census counts about 149,635 mobile homes in New Mexico, 15.8% of the state's housing and 21st among the 50 states. About 92,410 are owner-occupied and 28,625 are rented.
Park ValuationPark Valuation in New Mexico
Parks in New Mexico are valued like parks everywhere: net operating income divided by a cap rate. What changes by state is the rent rule. New Mexico sets no statewide cap on lot rent.