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27 Baths

$2,950,000

5915 E MAIN Street, Farmington NM, 87402

Property typeResidential

Overview

Active

Listed Sep 4, 2026

Updated Sep 8

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.

$19,626/mo

Est. mortgage payment based on a $2,950,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26-1115

Interior Features

Bathrooms
27
Basement
No

Listed by Darin W Cahoon with RE/MAX of Farmington
Listing Contact: 505-327-4777 

The IDX display contains information sourced from the San Juan County Board of REALTORS® as of 9/8/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 San Juan County Board of REALTORS® all rights reserved.

Data last updated on 9/8/2026 at 9:21 PM UTC

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