For Sale
$1,122,000

5211 Bloomfield Hwy Farmington, NM 87401

Three-unit apartment building, established orchard.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a three-unit apartment building situated on a substantial 27.92-acre irrigated orchard in Farmington, New Mexico. The property boasts three existing homes, each generating rental income. Home #1, a 1985 brick home (3,381 sq ft total), features three bedrooms, three bathrooms, an oversized two-car garage, and luxurious upgrades including wood flooring, crown molding, a pantry, an office, and a jacuzzi room. Home #2, a 1962 home (1,437 sq ft), offers three bedrooms, two bathrooms, a fireplace, a two-car portico, and a partially finished basement. Home #3, a 1956 stucco home (1,512 sq ft), includes three bedrooms, one bathroom, and a covered patio. The property also includes extensive outbuildings, totaling over 4,200 sq ft, suitable for storage and agricultural use, including a fruit packing barn with cold storage. The orchard itself comprises approximately 2,500-3,000 fruit trees of various types, including apples, peaches, pears, plums, and more, irrigated by a robust 77.5 acre-feet system. The property benefits from an active gas well, providing additional income potential. Located at 5211 Bloomfield Hwy, Farmington, NM 87401, this property offers a unique blend of residential rental income and agricultural potential, making it an attractive investment opportunity. Sewer access is available with the addition of a lift station. The asking price is $1,122,000.

Highlights

  • Three-unit apartment building on 27.92-acre irrigated orchard in Farmington, NM.
  • Three existing homes generate rental income.
  • Home #1: 3,381 sq ft, 3 bed/3 bath, oversized 2-car garage, luxury upgrades.
  • Home #2: 1,437 sq ft, 3 bed/2 bath, fireplace, 2-car portico, partially finished basement.
  • Home #3: 1,512 sq ft, 3 bed/1 bath, covered patio.
  • Over 4,200 sq ft of outbuildings, including fruit packing barn with cold storage.

Property Details for 5211 Bloomfield Hwy

Property type
Apartment buildings, Small apartment buildings
Units
3

Location Insight

City
Farmington
County
San Juan
State
New Mexico
Latitude
36.7111299
Longitude
-108.1424268

FAQs

What type of property is this?
Apartment building - Three-unit apartment building, established orchard.
Where is the apartment building located?
The property is located at 5211 Bloomfield Hwy Farmington, NM.
What is the asking price?
The asking price for this property is $1,122,000.
What are key features of this property?
This property features: Three-unit apartment building on 27.92-acre irrigated orchard in Farmington, NM.; Three existing homes generate rental income.; Home #1: 3,381 sq ft, 3 bed/3 bath, oversized 2-car garage, luxury upgrades.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
5211 Bloomfield Hwy
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message