Listing Agency: Coldwell Banker Cornerstone

Listed By: Doug Pilling, CRS

Source: Crexi

Added: Apr 24 Changed: Aug 31 Last Checked: Aug 30 at 5:28AM

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Investment Insights

Based on property information with market context.

This quadplex contains four tenant-occupied residential units, each configured with two bedrooms and one-and-a-half bathrooms. The property is broker owned. Showings require at least 24 hours’ notice, supporting coordination with current occupants.

Key Highlights

• Four residential units, each with 2 bedrooms and 1.5 bathrooms
• Tenant occupied
• Broker‑owned property

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Hair Salon Storage Facility Building Supply Plumbing Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Residential units

Location Intelligence

Trade Area within ½ mile

55

Businesses Nearby

Explore this area Business Placement

Demographics for 87401, NM

44,724

Population

17,611

Households

2.5

Avg Household Size

34

Median Age

19%

College-Educated

88%

High-School Grad

132.8 sq mi

ZIP Area

337

Density / Sq Mi

$56,358

Median Household Income

$31,362

Median Earnings

$983

Median Rent

$202,400

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Quadplex - Tenant-occupied multifamily property with four residential units and a consistent two-bedroom layout.

Where is this quadplex located?

The property is located at 2812 PARQUE DE OESTE Drive Farmington, NM.

What are key features of this property?

This property features: Four residential units, each with 2 bedrooms and 1.5 bathrooms; Tenant occupied; Broker‑owned property