Villa View 22-Unit Apartment
For Sale
$1,050,000
905 Walnut Dr, Farmington, NM 87401
Two-story apartment community near Four Corners Regional Airport, downtown Farmington, and the local hospital.
Property SizeContact for details
Days on Market28
Property Features for 905 Walnut Dr
General Information
Standard status
Active
Property subtype
Residential Income
Occupancy
91%
Units
Unit Mix
12 x studio, 10 x 1BR
Multifamily Units
22
Additional Details
Gross Income
$162,360
Building Details
Buildings
1
Stories
2
Listing Agency:
Exp Realty, LLC
(505) 686-3831
Listed By:
Allen Elmore · License #FA100100921
(505) 686-3831
Source:
Exprealty
Added: Jul 15
Changed: Aug 11
Last Checked: Aug 11 at 2:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exp Realty, LLC
Investment Insights
Based on property information with market context.
Villa View Apartments is a two-story multifamily property with 22 units, including 12 studios and 10 one-bedroom apartments. The building is offered as-is and is currently 91% occupied.
The property is positioned near Four Corners Regional Airport, downtown Farmington, and the hospital, providing proximity to area employers, services, and amenities. Its unit mix combines smaller studio layouts with one-bedroom residences within a single apartment community.
The property is positioned near Four Corners Regional Airport, downtown Farmington, and the hospital, providing proximity to area employers, services, and amenities. Its unit mix combines smaller studio layouts with one-bedroom residences within a single apartment community.
Key Highlights
- 22‑unit apartment building with 12 studios and 10 one‑bedroom apartments
- Two‑story multifamily property offered as‑is
- 91% occupied
Property Analytics
Property Profile
Current Use
Lease Details
22
Residential units
91%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,036
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-story apartment community near Four Corners Regional Airport, downtown Farmington, and the local hospital.
Where is this apartment building located?
The property is located at 905 Walnut Dr Farmington, NM.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 22‑unit apartment building with 12 studios and 10 one‑bedroom apartments; Two‑story multifamily property offered as‑is; 91% occupied
