2250 S Locust ST #1-13 Active

Las Cruces,NM 88001

$ 1499890

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment Complex

Listing Status Active

Purchase Type For Sale

Subdivision College Heights

MLS Listing ID 2402873

Year Built 1963

Lot Size 1.010 Acres

Property Description

Rare opportunity to own such a well-located and unique apartment compound so close to NMSU. 13 ground floor apartments with plenty of individual parking right near each unit's front door, residents love the added privacy and security of patio home style living.More than 1/2 the apartments have been renovated in the last 2 years, offering the next owner a clear pathway to easy further value add measures or a stabilized and well-maintained core asset. Equally, several significant but optional value add opportunities remain for the next owner, including creating additional common area amenities, adding a casita-style unit to the compound, updating each unit with additional amenities, or renovating the 3 bedroom 2 bathroom main house for optimal performance.

Location

State NM

County Dona Ana

Interior

Heating Baseboard,Electric,Gas,Heat Pump

Cooling Evaporative Central,Heat Pump,Refrigerated Central

Exterior

Garage Carport,Paved Area

Fence Block,Chain Link

Roof Type Flat,Foam,Metal,Pitched

Building

Foundation Carpeting,Ceramic Tile

Sewer City Sewer

Water City

Structure Type Block,Frame,Stucco

Others

Acceptable Financing Cash,Conventional,Exchange

Listing Terms Cash,Conventional,Exchange

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