NM > Las Cruces > Desert Willow Estates
Las Cruces, NM 88001,2432 La Fonda CIR #1-8
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Las Cruces, NM 88001,2432 La Fonda CIR #1-8
Las Cruces, NM 88001,2432 La Fonda CIR #1-8
Las Cruces, NM 88001,2432 La Fonda CIR #1-8
Las Cruces, NM 88001,2432 La Fonda CIR #1-8
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Laura Reynolds

Laura Reynolds

+1(575) 640-9425
$ 737,114
Est. payment /mo
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2432 La Fonda CIR #1-8 Las Cruces, NM 88001

8 Beds

8 Baths

0.28 Acres Lot

UPDATED:

09/17/2024 12:39 AM

Key Details

Property Type Condo

Sub Type Apartment Complex

Listing Status Active

Purchase Type For Sale

Subdivision Desert Willow Estates

MLS Listing ID 2402610

Bedrooms 8

Originating Board lascruces

Year Built 1984

Lot Size 0.280 Acres

Acres 0.28

Lot Dimensions .25 to .50 AC

Property Description

This updated two story 8-plex is a must see!! Situated off one of Las Cruces' busiest streets, Missouri Ave., it offers seven nicely situated, 1-bed & 1-bath, units at approximately 483 sq/ft and 1 unit being approximately 823 sq/ft. Half of the units are located downstairs and the other half upstairs. The larger unit, #1, also has a 2-car garage that accompanies it that can be kept as a garage space for this unit or turned into individual storage rooms, a laundry room, or even another unit. This larger unit also boasts a private cedar fenced in yard in the rear, making it a perfect space for grilling, relaxing, or letting pets run around in. Measures of investment performance at list price of $737,114 and with average rent of $751 include GRM of 10.22, Cap rate of 6.24%.

Location

State NM

County Dona Ana

Interior

Heating Forced Air, Gas

Cooling Evaporative Central

Fireplace N

Appliance Range/Oven, Refrigerator

Exterior

Garage Garage, Paved Area, Street Parking

Fence Back Yard, Rock, Wood

Roof Type Asphalt,Pitched,Shingle

Parking Type Garage, Paved Area, Street Parking

Building

Foundation Ceramic Tile, Laminate/Wood Floors, Vinyl

Sewer City Sewer

Water City

Structure Type Frame,Stucco

Others

Acceptable Financing Cash, Conventional, Exchange, FHA

Listing Terms Cash, Conventional, Exchange, FHA

©2024 The Las Cruces Association of REALTORS®, Inc. All rights reserved.
Listed by Property Mgt & Investments of NM

Laura Reynolds

+1(575) 640-9425

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