Looking for a moneymaker with room to increase rents and ncome? This 18-unit complex near Pristine Mexico State University may be the one!

The property consists of 10 two bedroom and 8 one bedroom units situated in 6 buildings with individual washer and dryer hookups, heat, air and utilities.

Current rents are below HUD Fair Market Rents in the 88001 zip code, which are $890 per month for 1 Brs and $1, 000 for 2 Brs, If that's not enticing enough, the owner will finance the purchase. This is a terrific opportunity.

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on 1400 S Espina St
in Las Cruces, NM
Presented by Gary Sandler at
Gary Sandler Inc., Realtors.


Property MLS #2400882 from LasCruces

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+ Bedrooms

Bedrooms: 28

+ Bathrooms

Total Bathrooms: 18
Full Bathrooms: 18

+ Appliances

Oven
Refrigerator

+ Heating and Cooling

Cooling Features: Central Evaporative

+ Interior Features

Flooring: Carpet, Tile - Ceramic

+ Garage and Parking

Garage Spaces: 27
Parking Features: Paved or Surfaced

+ Land Info

Lot Size Acres: 0.95
Lot Size Square Feet: 41382

+ Other Property Info

Source Listing Status: Active
County: Dona Ana
Source Property Type: MultiFamily
Source Neighborhood: College Subdivision
Parcel Number: 4-008-136-125-152
Subdivision: College Subdivision
Property Subtype: Apartment
Source System Name: C2C
+ Reveal Property Sale History

Listed 2024-03-27
$3,280,000
LasCruces

+ Building and Construction

Building Exterior Type: Block
Roof: Composition Shingle

+ Display Complete School Details

Valley View Elementary School is a public elementary school located approximately 0.2 miles away.
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Las Cruces High School is a public high school located approximately 0.4 miles away.
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Lynn Middle School is a public middle school located approximately 1 miles away.
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Calvary Christian Academy is a private elementary school located approximately 0.6 miles away.
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