2719 RABBITBRUSH Drive

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2719 RABBITBRUSH Drive

Farmington, NM 87402
Asking Price
$24K
Asset Type
Single Family Rental Portfolio Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The subject property is located in Farmington, New Mexico.
  • This asset consists of a parcel of land for sale.
  • The site is classified under a single-family rental portfolio.
  • The current asking price for the property is $24,099.
  • The land is situated at coordinates 36.7544, -108.1696.

What's Special

Farmington serves as a primary hub for commerce and energy production in northwestern New Mexico, drawing a steady workforce and supporting a diverse local economy. Situated in this growing region, 2719 Rabbitbrush Drive represents a parcel of land currently categorized within a single-family rental portfolio. The site provides a strategic foothold for investors looking to expand their residential holdings within the San Juan County market. This asset type is well-suited for developers or long-term investors aiming to capitalize on the ongoing demand for housing in this established community. Given the steady population base and the regional economic focus, this land parcel offers clear potential for future residential utilization or portfolio diversification. Stakeholders interested in the Farmington submarket will find this location provides practical access to regional infrastructure and key employment centers that define the local industrial landscape.

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NOI
$80,000
Cap Rate
331.96%
DSCR
55.91
Strong
Cash-on-Cash
1086.76%
Monthly Payment
$119.229
Annual Cash Flow
$78,569.256

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