REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Allen Elmore EXP Realty, LLC
$ 1,050,000
Est. payment /mo
Active
905 WALNUT DR Farmington, NM 87401
22 Baths
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment Building Complex
Listing Status Active
Purchase Type For Sale
Subdivision Mission Heights Addition
MLS Listing ID 26-845
Full Baths 22
Property Sub-Type Apartment Building Complex
Source San Juan County Board of REALTORS®
Property Description
''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 86% 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 $12,710/mo.
Very attractive financing options available with 30% down! Buyer to independently verify all financial information, financing terms, property condition, and income projections.
Currently 86% 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 $12,710/mo.
Very attractive financing options available with 30% down! Buyer to independently verify all financial information, financing terms, property condition, and income projections.
Location
State NM
County San Juan
Area 7E
Direction {\"Directions to Prprty\":true}
Interior
Cooling Evaporative Window
Exterior
Garage No
Building
Faces {\"Directions to Prprty\":true}
Others
Pets Allowed No
Security Features Closed Circuit Camera(s)
MORTGAGE CALCULATOR
Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get more info from a local expert!
REVIEWS
Michelle Gabaldon
Ryan Roy made the whole process easy to understand was incredibly helpful and patient with me while I looked for the right home. Ryan always answered my questions and made sure I did not end up in a home I did not love. I highly recommend him for anyone especially people like me who went through the first-time home buying process.
Rouillé Atcitty
Ryan has been very thorough and clear about every step along the way when selling our house. He was available at any time and very quick to respond. He was clear and concise, never left us hanging. He made selling our house. Even when there was a snag, he was very thorough and made sure we understood. He is definitely a go getter. Thank you soo much Ryan!!
Liz A
Ryan was awesome to work with. Super friendly and professional. He showed us many, many homes, and listened to our likes and dislikes as we went along. He kept us informed throughout the whole process. I highly recommend Ryan for your real estate needs. He’ll take care of you. 😁