1. New Mexico
  2. Las Cruces
  3. 1400 S Espina Street
$3,280,000

1400 S Espina Street, Las Cruces, NM 88001

  • 28 beds |
  • 18 baths |
  • 10,389 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1972
  • Property Lot Size Icon0.95acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $316/sqft
  • Property List Date Icon Listed 1 year ago

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.

Listing Status:
Active
Listing Office:
Gary Sandler Inc., Realtors : (575) 525-2400
Listing Agent:
Gary A Sandler : (575) 642-2292
MLS ID:
2400882
  • Appliances: RangeRefrigerator
  • A/C: Evaporative Cooling
  • Heating: ElectricNatural Gas

This listing courtesy of Gary A Sandler, Gary Sandler Inc., Realtors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Valley View Elementary School

915 California Ave, Las Cruces, NM, 88001

Grades PK-5

0.26 miles away

L

Lynn Middle School

950 S Walnut St, Las Cruces, NM, 88001

Grades 6-8

0.96 miles away

L

Las Cruces High School

1750 El Paseo Rd, Las Cruces, NM, 88001

Grades 9-12

0.42 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.