1423 -1425 Monte Vista Avenue, Las Cruces, NM 88001
$1,300,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
31,500
Status:
Active
Current Price:
$1,300,000
List Date:
2/28/2025
Last Modified:
3/03/2025
Description
A prime 10-unit apartment complex, centrally located just minutes from the university, shopping, and restaurants. The property features a mix of one duplex and two fourplexes, offering a total of 10 rental units. Three of the units are 2-bedroom, 1-bath apartments, while the remaining units are 1-bedroom, 1-bath layouts. This well-maintained complex provides an excellent opportunity for investors. Water, sewer, and trash services included in the rent. Property offers on site parking. Its convenient location and desirable amenities make it an attractive option. Don't miss out on this opportunity, schedule a showing!
More Information MLS# 2500528
Contract Information
Qualifying Broker Name: Guadalupe Fernandez
Qualifying Broker License #: 20561
Property Sub-Type: Apartment Complex
Asking Price: 1300000
Current Price: $1,300,000
Number of Units: 10
Status: Active
Term Date: 2025-02-28
Location Tax Legal
Number: 1423 -1425
Street Name: Monte Vista
St Suffix: Avenue
County: Dona Ana
State: NM
Zip Code: 88001
Area: 332 - Crescent Pkarea
Subdivision: College Mesa Subdivision
General Property Info
HOA: No
Use of Electronic Document Transmission: Yes
Property in PID: No
Green Certified: No
Lot Size: .51 to .75 AC
Actual Lot Size Source: Public Records
Lot SqFt: 31500
Lot Acres: 0.72
Parking Capacity: 20
Year Built: 1955
Age: 61 to 70 Years
Earnest Money Payable To: True Title, Mario Marquez
3rd Party Approval: No
Short Sale: No
REO/Bank Owned: No
Owner Financing: No
Court Approval: No
Amenities (Common)
Other - See Remarks: Common area (grass)
Property Features
Parking Type: Street Parking
Fence: Block; Wood
Possession: At Funding
Will Sell: Cash; Conventional
Occupancy: Over 95% Occupancy
Type of Tenancy: Month To Month
# of Floors: One
Construction: Frame; Slump Block; Stucco
Roofing: Gabled; Shingle
Heating: Gas
Cooling: Evaporative Central
Appliances: Oven/Range; Refrigerator
Water: City Water
Sewer: City Sewer
Miscellaneous: Individual Heat & Air; Meters Separate
Tax Levy ›Listing Office: Volare Realty Group LLC
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.