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905 Walnut, Farmington, NM 87401

Farmington
Local realty services provided by:CENTURY 21 SoWesCo Realty
905 Walnut,Farmington, NM 87401
$1,050,000
  • - Beds
  • 22 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: allen elmore
Office: exp realty, llc.
MLS#:26-845
Source:NM_SJCBR

Price summary

  • Price:$1,050,000

About this home

''Villa View Apartments'' Awesome value-add multifamily investment opportunity in Farmington, New Mexico. This two-story apartment community features 22 units, comprising 11 studios and 11 one-bedroom apartments. Conveniently located near Four Corners Regional Airport, downtown Farmington, and the hospital, the property offers residents easy access to major employers, services, and amenities. Currently 86% occupied, the property has the potential to generate approximately $19,250 in gross monthly rental income with minimal improvements. The property is offered as-is. Current gross rent is $14,790. Attractive financing options may be available, including a potentially wrappable real estate contract. Buyer to independently verify all financial information, financing terms, property condition, and income projections.

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Home facts

  • Subdivision & Development:MISSION HEIGHTS ADDITION
  • Listing ID #:26-845
  • Added:28 day(s) ago
  • Updated:July 15, 2026 at 11:08 PM

Rooms and interior

  • Total bathrooms:22
  • Full bathrooms:22

Heating and cooling

  • Cooling:Evaporative Window, Window Unit(s)
  • Heating:Natural Gas

Finances and disclosures

  • Price:$1,050,000
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