199 W Willoughby Avenue, Las Cruces, NM 88005

$1,040,000
Property Type: Multi-Family Square Footage: 5,170 Lot Size (sq. ft.): 30,361 Status: Active
Current Price: $1,040,000 List Date: 12/16/2024 Last Modified: 4/06/2025

Description

Discover this totally renovated community featuring ten stylish 1-bedroom, 1-bathroom apartments located just minutes from downtown Las Cruces. Smart and efficient floor plans are highlighted by contemporary design features that offer comfort and energy efficiency, including: quality mechanical systems, double pane vinyl windows, upgraded security features, durable vinyl plank flooring, newer appliances, updated fixtures, and a fresh two tone paint scheme throughout. Recent total exterior rehab showcases the property's tremendous curb appeal and inviting communal courtyard. Eye-catching 2 color elastomeric paint compliments the modern aesthetic, while residents love the new private backyard spaces, ample off street parking, new LED exterior lighting, and quality xeric landscaping. Prime location with exceptional walkability to downtown, as well as quick and easy access to I-25, NMSU, and great shopping. This unique, updated complex boasts a near-turnkey opportunity with a solid return

More Information MLS# 2403641

Contract Information

Qualifying Broker Name: D. Todd Clarke Qualifying Broker License #: QB #13711 Property Sub-Type: Apartment Building Number of Units: 10 List Price: $1,040,000 CurrentPrice: 1040000 Status: Active List Date: 2024-12-15

Location, Tax & Legal

Account Number: R0204313 Parcel Number: 4-007-134-106-461 Add Parcel Number: 4-007-134-106-461 Legal: Barbaro Lucero Subdivision Lot: 4 S: 7 T: 23S R: 2E Brm 9A 31D1A1&31D1A3 Instrument #2031274, Part Of Lot 4 Street #: 199 Street Dir Prefix: W Street Name: Willoughby Street Suffix: Avenue County: Dona Ana State: NM Zip Code: 88005 MLS Area Major: 119 - Alameda Subdivision: Barbaro Lucero Subdivision

General Property Info

HOA: No Lot SqFt: 30361 Actual Lot Size Source: Public Records Lot Acres: 0.7 Property in PID: No Use of Electronic Document Transmission: No Green Certified: No Lot Size: .51 to .75 AC Owner Financing: No Parking Capacity: 15 Age: 61 to 70 Years #1 Br SqFt: 517 3rd Party Approval: No Short Sale: No Rent/1 BR Each: 841 REO/Bank Owned: No Court Approval: No Gross Income Month: 8405 Apx Sqft - Main: 5170 Year Built: 1958

Remarks & Misc

Agent Wrote all Remarks: Yes Advertising Remarks: Discover this totally renovated community featuring ten stylish 1-bedroom, 1-bathroom apartments located just minutes from downtown Las Cruces. Smart and efficient floor plans are highlighted by contemporary design features that offer comfort and energy efficiency, including: quality mechanical systems, double pane vinyl windows, upgraded security features, durable vinyl plank flooring, newer appliances, updated fixtures, and a fresh two tone paint scheme throughout. Recent total exterior rehab showcases the property's tremendous curb appeal and inviting communal courtyard. Eye-catching 2 color elastomeric paint compliments the modern aesthetic, while residents love the new private backyard spaces, ample off street parking, new LED exterior lighting, and quality xeric landscaping. Prime location with exceptional walkability to downtown, as well as quick and easy access to I-25, NMSU, and great shopping. This unique, updated complex boasts a near-turnkey opportunity with a solid return

Parking Type

Paved Area: 1 Street Parking: 1

Fence

Wood: 1

Miscellaneous

Meters Separate: 1

Possession

At Funding: 1

Will Sell

Cash: 1 Conventional: 1

Occupancy

Over 95% Occupancy: 1

Construction

Brick Veneer: 1 Frame: 1 Stucco: 1

Cooling

Evaporative Hall: 1

Type of Tenancy

Month To Month: 1

# of Floors

One: 1

Condition

Good to Excellent: 1

Heating

Forced Air: 1

Roofing

Asphalt: 1

Flooring/Foundation

Vinyl: 1

Appliances

Refrigerator: 1

Util/Serv Included In Rent

Sewer: 1 Trash Collection: 1 Water: 1

Water

City Water: 1

Amenities (Common)

Other - See Remarks: none

Sewer

City Sewer: 1

Property Features

Parking Type: Paved Area; Street Parking Possession: At Funding Will Sell: Cash; Conventional Occupancy: Over 95% Occupancy Type of Tenancy: Month To Month Condition: Good to Excellent Construction: Brick Veneer; Frame; Stucco Heating: Forced Air Cooling: Evaporative Hall Appliances: Refrigerator Sewer: City Sewer Miscellaneous: Meters Separate
Listing Office: NM Apartment Advisors Inc.
Last Updated: April - 06 - 2025
Information deemed reliable but not guaranteed.