INVESTMENT OPPORTUNITY 7-UNIT MULTIFAMILY APPROX. 7.53% ANNUALIZED CAP RATE Offered at $895,000, Cherry Orchard presents an attractive multifamily investment opportunity with established rental income and strong current performance. Based on Jan.-June 2026 financials, the property reflects an approximate 7.53% annualized cap rate at the current asking price. Current rent roll reflects solid recurring income with additional revenue from utilities, pet rent, and other tenant charges. A strong opportunity for investors seeking cash flow, income stability, and potential upside. Rent roll and P&L available to qualified buyers. Buyer to verify all financial information.
INVESTMENT OPPORTUNITY 14-UNIT MULTIFAMILY APPROX. 7.37% ANNUALIZED CAP RATE Apple Orchard offers investors an attractive multifamily opportunity with 14 income-producing units, established rental history, and strong operating performance. Based on Jan.-June 2026 financials, the property reflects an approximate 7.37% annualized cap rate Excellent opportunity for investors seeking immediate cash flow with continued upside potential. Rent roll and P&L available to qualified buyers. Buyer to verify all financial information and investment returns.
INVESTMENT OPPORTUNITY MULTIPLE INCOME STREAMS + UPSIDE POTENTIAL! Take advantage of this unique income-producing opportunity in Farmington, NM, offering a diversified mix of 30+ studio units, a single-family residence, laundry area, office and an established on-site restaurant secured by a 5-year lease. With current residential occupancy approximately 75%-80%, the property offers existing cash flow along with meaningful upside through continued lease-up and stabilization. Recent operating performance is strong, with $98,319 in net income for the first half of 2026, annualizing to approximately $196,638. This equates to an indicated annualized cap rate of approximately 6.67%. Multiple revenue streams, established commercial tenancy, and additional income potential make Wild Goose an attractive opportunity for investors looking for cash flow today with room for growth tomorrow. Financials and rent roll available to qualified buyers. Annualized figures are based on the most recent six months of operations; buyer to independently verify all financial information.
Investment, income, and flexibility all in one property. Located on 1.579 +/- irrigated acres (per seller), this unique property includes a two-bedroom, two-bath primary residence and a separate one-bedroom apartment, creating multiple possibilities for owner-occupants and investors alike. The main home offers approximately 1,289 square feet of living space, while the detached apartment adds an additional 472 square feet with its own kitchen, living area, bedroom, and bathroom. The property also includes a 1,093-square-foot workshop, additional storage space, and a carport. Whether you're looking for rental income, multigenerational living, or room for hobbies and equipment, this property offers a level of versatility that's difficult to replicate. Opportunities like this don't come along often. Acreage, irrigation, multiple living spaces, and extensive outbuildings--all within Farmington city limits. See also MLS#26-1047. Some pictures have been enhanced by AI.
''Villa View Apartments'' Awesome value-add multifamily investment opportunity in Farmington, New Mexico. This two-story apartment community features 22 units, comprising 12 studios and 10 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 95% occupied, the property has the potential to generate approximately $19,200 in gross monthly rental income with minimal improvements. The property is offered as-is. Current gross rent is $14,250/mo. Very attractive financing options available with at least 20% down! Buyer to independently verify all financial information, financing terms, property condition, and income projections.
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.
