Apartment Building

Farmington, NM Apartment Buildings for Sale

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Kirtland, NM Flora Vista, NM Bloomfield, NM Aztec, NM La Plata, NM Waterflow, NM
Studio Apartment Property
Updated: Sep 3
Studio Apartment Property

5915 E MAIN Street, Farmington, NM 87402

$2,950,000
1.77 AC lot
More than 30 studio units, plus a single‑family residence
On‑site restaurant under a 5‑year lease
Residential occupancy of approximately 75%-80%
1.772‑acre property with laundry facilities and an office
Indicated annualized cap rate of approximately 6.67%
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14-Unit Apartment Building
Updated: Sep 4
14-Unit Apartment Building

301 N ORCHARD Avenue, Farmington, NM 87401

$925,000
0.29 AC lot
14 apartment units
Approximately 7.37% annualized cap rate based on Jan.-June 2026 financials
0.289‑acre property at 301 N Orchard Avenue in Farmington
Natural‑gas heating and evaporative cooling
Refrigerators and oven/ranges included
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Villa View 22-Unit Apartment Building
Villa View 22-Unit Apartment Building

905 Walnut Dr, Farmington, NM 87401

$1,050,000
10,300 sqft

Two-story apartment community near Four Corners Regional Airport, downtown Farmington, and the local hospital.

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Apartment Building
Apartment Building

213 S WAGNER Avenue, Farmington, NM 87401

Contact for pricing

Multifamily property with landlord-paid water and sewer service.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Farmington, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

5-Unit Apartment Property
5-Unit Apartment Property

195 Silverview Lane #1-5, Durango, CO 81303

$1,295,000
3,556 sqft

Five residences occupy two buildings, with a mix of one- and two-bedroom floor plans.

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Mixed-Use Apartment Building
Mixed-Use Apartment Building

1428 Greene Street, Silverton, CO 81433

$2,475,000
12,098 sqft 0.11 AC lot

The property combines residential apartments with commercial units, shared laundry, and covered parking.

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Remodeled 27-Unit Apartment Complex
Remodeled 27-Unit Apartment Complex

350 E 8th Ave, Durango, CO 81301

$3,495,000
9,350 sqft

Remodeled multifamily property with a new roof and electrical upgrades near downtown Durango.

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Mixed-Use Multifamily Building
Mixed-Use Multifamily Building

1428 Greene Street, Silverton, CO 81433

$2,475,000

Mixed-use building with 10 residential units, 3 commercial units, and coin-op laundry, plus covered parking and a partially finished basement.

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Off-Market Properties in Farmington, NM

Consider similar Off-Market properties in Farmington, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

812 Vine Ave
Multifamily properties

812 Vine Ave, Farmington, NM 87401

Estimated value: by Request
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602 Orchard Ave
Multifamily properties

602 Orchard Ave, Farmington, NM 87401

Estimated value: by Request
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5211 Bloomfield Hwy
Multifamily properties

5211 Bloomfield Hwy, Farmington, NM 87401

Estimated value: by Request
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760 Valentine Rd
Multifamily properties

760 Valentine Rd, Farmington, NM 87401

Estimated value: by Request
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Farmington, NM Apartment Buildings Market Trends and Statistics

Explore 8 apartment buildings for sale in Farmington, NM, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 10,300 square feet of properties for sale, with an estimated market value of $4,925,000.

Sale prices for apartment complexes in Farmington, NM start at $925,000, averaging $1,641,666, and reaching up to $2,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Small apartment buildings 1

Demographics Overview

Population 57K
Population Growth (5Y) +3.2%
Median Household Income $60,037
College Educated 27.1%

High-Yield Neighborhoods for Investment

Identify Farmington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
87401 $956.7K
87402 $3M

Taxes & Financing

Tax Rate (average for all types) 2.68%
Property Tax per SF $50.66 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in San Juan County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Farmington fall within the 100,000+ square foot range.

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