1. New Mexico
  2. Las Cruces
  3. 2306 S Espina Street
$4,850,000

2306 S Espina Street, Las Cruces, NM 88001

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1994
  • Property Lot Size Icon1.52acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 10 days ago

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.

Listing Status:
Active
Listing Office:
Steinborn/TCN Commercial RE : (575) 532-2345
Listing Agent:
Jeremiah Lay : (575) 571-1075
MLS ID:
2501488
  • Appliances: DishwasherRefrigerator
  • A/C: Evaporative Cooling
  • Heating: Natural GasForced Air

This listing courtesy of Jeremiah Lay, Steinborn/TCN Commercial RE

Monthly Payment

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

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Location

Schools Nearby

U

University Hills Elementary School

2005 S Locust St, Las Cruces, NM, 88001

Grades PK-5

0.61 miles away

L

Lynn Middle School

950 S Walnut St, Las Cruces, NM, 88001

Grades 6-8

1.40 miles away

L

Las Cruces High School

1750 El Paseo Rd, Las Cruces, NM, 88001

Grades 9-12

0.58 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.