2250 S Locust Street 1-13 , Las Cruces, NM 88001
Las Cruces, NM 88001
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.
Details
| Mls | 2402873 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Suite Number | 1 |
| Subtype | Resale |
| Status | Active |
| Year | 1963 |
| Days On Site | 85 |
| Listing Provided By | Property Mgt & Investments of NM | Marvid Charlson |
Features
| Car Port | Yes |
|---|---|
| Units | 13 |
| Acreage | 1.01 |
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Learn More About This Property
| State | NM |
|---|---|
| County | Dona Ana |
| City | Las Cruces |
| Zip Code | 88001 |
| Area | Dona Ana |
| Subarea | 999 Other |
| Community Name | College Heights |
| Listing VS Median (in College Heights) | |
Price: $1,399,890 low | high Med: $210,000 On Site: 85 low | high Med: 165.000000 | |