1423 -1425 Monte Vista Avenue, Las Cruces, NM 88001
$1,200,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
31,500
Status:
Pending
Current Price:
$1,200,000
List Date:
2/28/2025
Last Modified:
12/11/2025
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
Qualifying Broker Address: P.O. Box 800
Mesilla, NM 88046
Property Sub-Type: Apartment Complex
Number of Units: 10
Marketing Date: 2025-02-28
List Price: $1,200,000
CurrentPrice: 1200000
Status: Pending
List Date: 2025-02-28
Location, Tax & Legal
Account Number: R0212957
Parcel Number: 4-008-136-522-469
Legal: Subd: COLLEGE MESA SUBDIVISION NO 2 Lot: 12 Block: 1 Subd: COLLEGE MESA SUBDIVISION NO 2 Lot: 13 Block: 1 Subd: COLLEGE MESA SUBDIVISION NO 2 Lot: 14 Block: 1 Subd: COLLEGE MESA SUBDIVISION NO 2 Lot: 15 Block: 1 S: 20 T: 23S R: 2E
Street #: 1423 -1425
Street Name: Monte Vista
Street Suffix: Avenue
County: Dona Ana
State: NM
Zip Code: 88001
MLS Area Major: 332 - Crescent Pkarea
Subdivision: College Mesa Subdivision
General Property Info
HOA: No
Lot SqFt: 31500
Actual Lot Size Source: Public Records
Lot Acres: 0.72
Property in PID: No
Use of Electronic Document Transmission: Yes
Green Certified: No
Lot Size: .51 to .75 AC
Owner Financing: Yes
Parking Capacity: 20
Age: 61 to 70 Years
Earnest Money Payable To: True Title, Mario Marquez
3rd Party Approval: No
Short Sale: No
REO/Bank Owned: No
Court Approval: No
Year Built: 1955
Remarks & Misc
Agent Wrote all Remarks: Yes
Advertising Remarks: Professionally marketed by Guadalupe Fernandez, 575-545-2851. 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!
Parking Type
Street Parking: 1
Fence
Block: 1
Wood: 1
Miscellaneous
Individual Heat & Air: 1
Meters Separate: 1
Possession
At Funding: 1
Will Sell
Cash: 1
Conventional: 1
Occupancy
Over 95% Occupancy: 1
Construction
Frame: 1
Slump Block: 1
Stucco: 1
Cooling
Evaporative Central: 1
Type of Tenancy
Month To Month: 1
# of Floors
One: 1
Heating
Gas: 1
Roofing
Gabled: 1
Shingle: 1
Flooring/Foundation
Ceramic Tile: 1
Slab: 1
Appliances
Oven/Range: 1
Refrigerator: 1
Util/Serv Included In Rent
Sewer: 1
Trash Collection: 1
Water: 1
Water
City Water: 1
Amenities (Common)
Other - See Remarks: Common area (grass)
Sewer
City Sewer: 1
Status Change Info
Under Contract Date: 2025-12-11
Property Features
Parking Type: Street Parking
Possession: At Funding
Will Sell: Cash; Conventional
Occupancy: Over 95% Occupancy
Type of Tenancy: Month To Month
Construction: Frame; Slump Block; Stucco
Heating: Gas
Cooling: Evaporative Central
Appliances: Refrigerator
Sewer: City Sewer
Miscellaneous: Meters Separate
Tax Levy ›
Listing Office:
Volare Realty Group LLC
Last Updated: December - 11 - 2025
Information deemed reliable but not guaranteed.