301 N ORCHARD Avenue, Farmington, NM 87401

$925,000
Property Type: Residential Income Baths: 14 Status: Active
Current Price: $925,000 List Date: 9/04/2026 Last Modified: 9/04/2026

Overview

Description

INVESTMENT OPPORTUNITY | 14-UNIT MULTIFAMILY | APPROX. 7.37% ANNUALIZED CAP RATE Apple Orchard offers investors an attractive multifamily opportunity with 14 income-producing units, established rental history, and strong operating performance. Based on Jan.-June 2026 financials, the property reflects an approximate 7.37% annualized cap rate Excellent opportunity for investors seeking immediate cash flow with continued upside potential. Rent roll and P&L available to qualified buyers. Buyer to verify all financial information and investment returns.

Listing Details MLS# 26-1113

Location, Tax & Legal

Area
6F
Street Number
301
Street Direction Pfx
N
Street Name
ORCHARD
Street Suffix
Avenue
County
San Juan
State/Province
NM
Postal Code
87401
Subdivision
Hunter's Addition
Elementary School
Apache Elementary
Middle School
Tibbetts Middle School
High School
Farmington High School
Legal
HUNTER'S ADDITION THE EAST 140 FT OF LOT 1 AND THE EAST 140 FT OF SOUTH 40 FT OF LOT 2 BLOCK 3 BK.1705 PG.182
Annual Taxes
7268.64
Tax Year
2026
Pending Foreclosure
No
Foreclosed
No
Relocation
No
Short Sale
No
Offer Letters Accepted
N

Listing Info

GRT Location Code
16-121

Property Information

Building Name
Apple Orchard
Sub Type
Apartment Building Complex
For Sale
Sale
Realtor.com Type
Multi-Family
Age
51 +
Total Living Area
3501 or More
Approx. SqFt
5580
# of 1 Bedroom Units
13
# of 2 Bedroom Units
Yes
# of Units
14
Total Full Baths
14
Total Bathrooms
14
# of 3 Bedroom Units
0

Status Change Info

Status Change Date
2026-09-04

Remarks & Misc

Public Remarks
INVESTMENT OPPORTUNITY | 14-UNIT MULTIFAMILY | APPROX. 7.37% ANNUALIZED CAP RATE Apple Orchard offers investors an attractive multifamily opportunity with 14 income-producing units, established rental history, and strong operating performance. Based on Jan.-June 2026 financials, the property reflects an approximate 7.37% annualized cap rate Excellent opportunity for investors seeking immediate cash flow with continued upside potential. Rent roll and P&L available to qualified buyers. Buyer to verify all financial information and investment returns.

Zoning

Multi-Fam Med Dens
Yes

More Information

Possession

Closing
Yes
Recording
Yes

Operating Expenses

Property Management
Yes
Sanitation
Yes
Sewer & Water
Yes

Documents on File

Financial Details
Yes
Owner Operating Stmt
Yes

Condition

Good
Yes

Type Tenancy

Six Month Lease
Yes

Parking

Paved Area
Yes

Parking Per Unit

One
Yes

Flood Zone A

Unknown
Yes

Number of Stories

Two
Yes

Construction

Brick
Yes
Concrete Block
Yes

Roof

Tar & Gravel
Yes

Heating

Natural Gas
Yes
Panel
Yes

Floor

Slab
Yes

Cooling

Evaporative Cooling
Yes

Appliances

Oven/Range
Yes
Refrigerator
Yes

Util/Svc incl Rent

Sewer
Yes
Trash Collection
Yes
Water
Yes

Water & Sewer

City Sewer
Yes
City Water
Yes

Occupied

Leased/Rented
Yes

Sign on Property

No
Yes

How To Show

Appointment Only
Yes
Tenant Notice Required
Yes
See Remarks
Yes

Property Features

Zoning: Multi-Fam Med Dens Operating Expenses: Property Management; Sanitation; Sewer & Water Documents on File: Financial Details; Owner Operating Stmt Condition: Good Type Tenancy: Six Month Lease Parking: Paved Area Parking Per Unit: One Number of Stories: Two Construction: Brick; Concrete Block Roof: Tar & Gravel Floor: Slab Heating: Natural Gas; Panel Cooling: Evaporative Cooling Appliances: Oven/Range; Refrigerator Flood Zone A: Unknown Possession: Closing; Recording Occupied: Leased/Rented How To Show: Appointment Only; Tenant Notice Required; See Remarks Sign on Property: No
IDX
Listing Office: RE/MAX of Farmington
Listing Agent: Darin W Cahoon
Last Updated: September - 04 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

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