1400 S Espina ST Active Save Request In-Person Tour Request Virtual Tour
Las Cruces,NM 88001
Key Details
Property Type Condo
Sub Type Apartment Complex
Listing Status Active
Purchase Type For Sale
Square Footage 10,389 sqft
Price per Sqft $315
Subdivision College Subdivision
MLS Listing ID 2400882
Bedrooms 28
Year Built 1972
Lot Size 0.950 Acres
Property Description
Looking for a moneymaker with room to increase rents and income? This 18-unit complex near New 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 & dryer hookups, heat, air & 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.
Location
State NM
County Dona Ana
Interior
Heating Electric,Gas
Cooling Evaporative Central
Exterior
Garage Paved Area
Fence Chain Link
Roof Type Composition,Pitched,Shingle
Building
Foundation Carpeting,Ceramic Tile,Slab
Sewer City Sewer
Water City
Structure Type Block
Others
Acceptable Financing Cash,Conventional,Owner Carry,VA
Listing Terms Cash,Conventional,Owner Carry,VA