400 &401 Nelson, Farmington, 87501



Wells and Company Real Estate
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This exceptionally well located 100 unit complex is the newest apartment building in NW New Mexico. there are unfurnished units, partially furnished units and fully furnished units to appeal to the variety of tenants. Located with easy access to the South and West portions of San Juan County, walking distance to San Juan Regional Hospital, and medical office complexes, near shopping, multiple large employers and the Casino. the apartment complex has much upside, for rent increase as well as increasing occupancy. the current management is part time for example.

Listing Details

Listing Agent: John Wells
Listing Office: Wells and Company Real Estate

Essential Information

MLS® #: 201903181
Price: $89,000,000
Square Footage: 98,241
Acres: 6.14
Year Built: 2012
Type: Multifamily
Sub-Type: Apartment Complex
Style: Multi-Level
Status: Active

Community Information

Address: 400 &401 Nelson
Area: 75-San Juan County
City: Farmington
County: San Juan
State: New Mexico
Zip Code: 87501


Utilities: Separate Meter
Features: Balcony, Carpets, Drapes, Kitchen/Dining Combo, Patio, Private Bath
Parking: Parking Area


Appliances: Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer
Heating: Gas, Forced Air
Cooling: None


Roof: Composition
Construction: Frame, Stucco

Additional Information

Date Listed: July 3rd, 2019
Days on Market: 160
Zoning: Conforming, PUD


$/SqFt: $906

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