905 WALNUT, 87401, Farmington, NM
905 WALNUT, 87401, Farmington, NM
$1,050,000
''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 30% down! Buyer to independently verify all financial information, financing terms, property condition, and income projections.
905 WALNUT, 87401, Farmington, NM
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