
Land with Home for Sale in Farmington, New Mexico
5915 E Main St, Farmington, NM 87402
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.
Location
- Street address
- 5915 E Main St
- County
- San Juan County
- Zip code
- 87402
- Elevation
- 5,502 feet
Directions
E Main Street north of Pinon Hills Blvd
Property details
- Acreage
- 1.772 acres77,188 sq ft
- Zoning
- Multi-Fam Med Dens
- MLS #
- SJCBR 26-1115
- Posted
Property taxes
- 2026
- $23,181
Legal description
BEG AT NW CORNER OF SE/4NE/4 OF SEC 31 30 12. THENCE EAST 20 FT, NORTH 6 FT TO S R/W HWY NO.550, N58-28E 324.24 FT ALO
Details and features
Listing
- Type
- Residential Multi Family
- Franchise
- RE/MAX International
Structure
- Stories
- 2
- Cooling
- Evaporative Cooling
Interior
- Rooms
- Bathroom x 27, Bedroom x 27
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 4, 2026 | New listing | $2,950,000 | — | SJCBR |




















