820 Mormon Place, Las Cruces, NM 88011

New Listing
$1,550,000
Property Type: Commercial Ind Lot Size (sq. ft.): 15,682 Status: Active
Current Price: $1,550,000 List Date: 12/13/2025 Last Modified: 12/13/2025

Description

Excellent Business Opportunity! This investment property features 12 well-maintained condominiums, each offering 2 bedrooms and 1.5 bathrooms, providing the perfect living space for tenants. The property includes ample parking for residents and guests, adding comfort and convenience. Located in a high-demand area, the community sits just minutes from the mall, supermarkets, and popular shopping destinations. With quick access to I-25, this location is ideal for commuters and ensures strong rental appeal. A rare opportunity to invest in a property with great potential and an unbeatable location!

More Information MLS# 2503802

Contract Information

Qualifying Broker Name: Guadalupe Fernandez Qualifying Broker License #: 20561 Transaction Coordinator Name: Carol Slavens Transaction Coordinator Email: [email protected] Transaction Coordinator License #: 52320 Property Sub-Type: Commercial Marketing Date: 2025-12-13 Asking Price: 1550000 Current Price: $1,550,000 Status: Active Term Date: 2025-12-01

Location, Tax & Legal

Account Number: R0221407 Parcel Number: 4009135438227 Add Account Number: R0221407 Add Parcel Number: 4009135438227 Number: 820 Street Name: Mormon St Suffix: Place County: Dona Ana State: NM Zip Code: 88011 Area: 230 - Telshor Area Subdivision: Majestic Terrace

General Property Info

HOA: No Lot SqFt: 15682 Actual Lot Size Source: Public Records Lot Acres: 0.36 Property in PID: No Use of Electronic Document Transmission: Yes Green Certified: No Lot Size: .25 to .50 AC Owner Financing: No Parking Capacity: 20 Age: 41 to 50 Years Condition: Average Court Approval: No

Remarks & Misc

Legal: Subd: SUNCREST CONDO Unit: A1 S: 16 T: 23S R: 2E DESC: C86001 A 1 BK 208 PG 916-924 8.333% OF COMMON AREA Advertising Remarks: Excellent Business Opportunity! This investment property features 12 well-maintained condominiums, each offering 2 bedrooms and 1.5 bathrooms, providing the perfect living space for tenants. The property includes ample parking for residents and guests, adding comfort and convenience. Located in a high-demand area, the community sits just minutes from the mall, supermarkets, and popular shopping destinations. With quick access to I-25, this location is ideal for commuters and ensures strong rental appeal. A rare opportunity to invest in a property with great potential and an unbeatable location!

Parking Type

Parking Area: 1

Possession

At Funding: 1

Will Sell

Assumption: 1

Construction

Frame: 1

Cooling

Evaporative Central: 1

Heating

Forced Air: 1

Floors

Carpeting: 1 Ceramic Tile: 1

Sewer

Unknown: 1

Utilities Available

City Sewer: 1 City Water: 1 Electric: 1 Gas: 1

Tenant Pays

Electricity: 1 Gas: 1

Property Features

Parking Type: Parking Area Possession: At Funding Will Sell: Assumption Construction: Frame Floors: Carpeting; Ceramic Tile Heating: Forced Air Cooling: Evaporative Central Sewer: Unknown Utilities Available: City Sewer; City Water; Electric; Gas Tenant Pays: Electricity; Gas
Listing Office: Volare Realty Group LLC
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.