About This Home

This 27-bedroom, 27-bathroom residential multi family at 5915 E MAIN Street in Farmington, NM is listed for $2,950,000. on a 1.77 acres lot.

Key Features

  • 1.77 acre lot
  • 2 stories

Property Details

2 stories
27 full
Listing Description

INVESTMENT OPPORTUNITY | MULTIPLE INCOME STREAMS + UPSIDE POTENTIAL! Take advantage of this unique income-producing opportunity in Farmington, NM, offering a diversified mix of 30+ studio units, a single-family residence, laundry area, office and an established on-site restaurant secured by a 5-year lease.

With current residential occupancy approximately 75%-80%, the property offers existing cash flow along with meaningful upside through continued lease-up and stabilization. Recent operating performance is strong, with $98,319 in net income for the first half of 2026, annualizing to approximately $196,638.

This equates to an indicated annualized cap rate of approximately 6.67%. Multiple revenue streams, established commercial tenancy, and additional income potential make Wild Goose an attractive opportunity for investors looking for cash flow today with room for growth tomorrow. Financials and rent roll available to qualified buyers. Annualized figures are based on the most recent six months of operations; buyer to independently verify all financial information.

Monthly Cost Estimate

$15,777/mo

20% down · 6.5% · 30 years

Principal$2,133
Interest$12,783
Insurance$860

Estimates only. Actual payments may vary.

Location

5915 E MAIN Street

Farmington, NM 87402

Property Details

Cooling

Evaporative Cooling

Appliances

Refrigerator

Questions & Answers

This 27-bedroom, 27-bathroom residential multi family at 5915 E MAIN Street is listed at $2,950,000. The estimated monthly payment is $15,777 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 1.77 acre lot, 2 stories.

This property is listed by Darin W Cahoon.

DC

Darin W Cahoon

License 47191

Agent at RE/MAX of Farmington

Listed by RE/MAX of Farmington · Broker phone: (505) 327-4777 · View on Broker Site · Broker website

MLS# 26-1115· Source: San Juan County Board of Realtors· 60 days on PropertySimple

Copyright © 2026 San Juan County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5915 E MAIN Street, Farmington, NM 87402

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