905 WALNUT Drive, Farmington, NM 87401 For Sale

''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 $12,810/mo. 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.