1122 S Bowen Ave #A-b, Farmington, NM, 87401
About This Home
Don't miss this solid income-producing opportunity! This small mobile home park features four 3-bedroom, 2-bathroom units, all tenant-occupied, providing immediate cash flow. Each unit is individually metered for utilities. Park currently receives $4,350 per month providing over 10% CAP income based on gross cap-rate calculations. Call for more details and to schedule an appointment.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 12
- Bathrooms: 8
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Evaporative Cooling
Property
Details
- Zoning description: Multi-Fam Low Dens
Features
- Levels: One
- Stories: 1
Parking
- Parking features: Garage
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Cold Wave
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in San Juan County and New Mexico
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,618 | $19,416 |
| Home Insurance * | $137 | $1,644 |
| Property Taxes | $138 | $1,656 |
| Electricity | $148 | $1,780 |
| Total | $2,041 | $24,492 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-06 | Listed for sale | $320,000 |
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