Income producing investment opportunity! 2 duplex buildings offer a total of (4) 2 bedroom, 1 bathroom units with off street parking renting at $1,000/mo per door. Tenants pay electric and gas. 48 hour showing notice required.
Don't miss this solid income-producing opportunity! This small mobile home park features four 3-bedroom, 2-bathroom units, all tenant-occupied, providing immediate cash flow. Each unit is individually metered for utilities. Park currently receives $4,350 per month providing over 10% CAP income based on gross cap-rate calculations. Call for more details and to schedule an appointment.
3 RENTAL HOMES AND ROOM FOR MORE! SEWER ACCESS WITH ADDITION OF LIFT STATION. Do not miss this opportunity to own this established ranch with views of the San Juan River and the Bisti Bluffs. Property includes 2 Homes which are active rentals, 2 Ag Buildings, an active gas well, and several other storage buildings. Home #1 is a 1437sf 3 bedroom 2 bath home built in 1962. Home features a fireplace in the living room, an attached 2 car portico with storage, a 546sf unfinished basement, a patio, a gazebo, a laundry room, and rose bushes. Home #2 is a 3 bedroom 1 bathroom 1512sf updated home built in 1956. Home is a stucco home with a pitched shingle roof, covered patio, foyer, and utility room. Outbuildings include a 2400sf fruit packing barn with 2 cold storage rooms, a 1200sf barn, and a 600sf barn. 26.92 Irrigated Acres with ±2,500 fruit trees and a mind-blowing 77.5 acre-feet of irrigation!!! Well-composted soil! Homes are provided natural gas (as of listing) and royalties from gas well operation. Orchard has not been in operation since 2019. Only remaining equipment are coolers and land heaters.
''Phenomenal Farmland'' 2 RENTAL HOMES AND ROOM FOR MORE! SEWER ACCESS WITH ADDITION OF LIFT STATION. Do not miss this opportunity to own this established ranch with views of the San Juan River and the Bisti Bluffs. Property includes 2 Homes which are active rentals, 1 Ag Building, an active gas well, and several other storage buildings. Home #1 is a 1437sf 3 bedroom 2 bath home built in 1962. Home features a fireplace in the living room, an attached 2 car portico with storage, a 546sf unfinished basement, a patio, a gazebo, a laundry room, and rose bushes. Home #2 is a 3 bedroom 1 bathroom 1512sf updated home built in 1956. Home is a stucco home with a pitched shingle roof, covered patio, foyer, and utility room. Outbuildings include a 2400sf fruit packing barn with 2 cold storage rooms, a 1200sf barn, and a 600sf barn. 26.92 Irrigated Acres with ±2,500 fruit trees and a mind-blowing 76.5 acre-feet of irrigation!!! Well-composted soil! Homes are provided natural gas (as of listing) and royalties from gas well operation. Orchard has not been in operation since 2019. Only remaining equipment are coolers and land heaters.
Farmington is located in New Mexico. Farmington, New Mexico has a population of 46,696. Farmington is more family-centric than the surrounding county with 29.18% of the households containing married families with children. The county average for households married with children is 25.86%.
The median household income in Farmington, New Mexico is $56,045. The median household income for the surrounding county is $47,485 compared to the national median of $69,021. The median age of people living in Farmington is 34.7 years.
The average high temperature in July is 91.2 degrees, with an average low temperature in January of 18.6 degrees. The average rainfall is approximately 9.6 inches per year, with 12.6 inches of snow per year.
