NM > Las Cruces > College Subdivision
Las Cruces, NM 88001,1400 S Espina ST
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Las Cruces, NM 88001,1400 S Espina ST
Las Cruces, NM 88001,1400 S Espina ST
Las Cruces, NM 88001,1400 S Espina ST
Las Cruces, NM 88001,1400 S Espina ST
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Laura Reynolds

Laura Reynolds

+1(575) 640-9425
$ 3,280,000
Est. payment /mo
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Active

1400 S Espina ST Las Cruces, NM 88001

28 Beds

18 Baths

10,389 SqFt

UPDATED:

09/06/2024 05:27 AM

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

Originating Board lascruces

Year Built 1972

Lot Size 0.950 Acres

Acres 0.95

Lot Dimensions .76 to 1 AC

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

Fireplace N

Appliance Range/Oven, Refrigerator

Exterior

Garage Paved Area

Fence Chain Link

Roof Type Composition,Pitched,Shingle

Parking Type Paved Area

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

©2024 The Las Cruces Association of REALTORS®, Inc. All rights reserved.
Listed by Gary Sandler Inc., Realtors

Laura Reynolds

+1(575) 640-9425

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