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$ 4,850,000
Est. payment /mo
Active
2306 S Espina ST Las Cruces, NM 88001
1.52 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2501488
Year Built 1994
Lot Size 1.520 Acres
Acres 1.52
Lot Dimensions 1.51 to 2 AC
Property Sub-Type Multi Family
Source lascruces
Property Description
Prime Investment Opportunity - 43-Unit Apartment Complex Near NMSU.Unlock the potential of this 43-unit multifamily complex ideally located just three blocks from New Mexico State University. With a well-balanced unit mix of 24 one-bedroom and 19 two-bedroom units, the property is tailored to meet a strong demand from students, faculty, and local professionals alike. Tenants enjoy ample on-site parking, a convenient laundry facility, and quick access to campus, retail, dining, and public transit. The layout and location make this asset an attractive, income-generating opportunity with long-term upside in one of the city's most in-demand rental corridors.
Location
State NM
County Dona Ana
Interior
Heating Natural Gas, Forced Air
Cooling Evaporative Cooling
Fireplace N
Appliance Dishwasher, Refrigerator
Exterior
Parking Features None
Fence Chain Link, Wood
Roof Type Pitched,Shingle
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Frame,Stucco
©2025 The Las Cruces Association of REALTORS®, Inc. All rights reserved.
Listed by Steinborn/TCN Commercial RE