1400 S Espina Street, Las Cruces, NM 88001

$3,280,000
28
BD
List Price
$3,280,000
MLS#
2400882
Status
ACTIVE
County
Dona Ana
City
Las Cruces
Subdivision
College Subdivision
Bedrooms
28
Acres
0.95

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.

Additional Information

Days on Market
141
Year Built
1972
Cooling
Evaporative Central
Heating
Electric, Gas
Roof
Composition, Pitched, Shingle

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Gary Sandler Inc., Realtors.