820 Mormon Place, Las Cruces, NM 88011

New Listing
$1,550,000
Property Type: Multi-Family 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# 2503803

Contract Information

Qualifying Broker Name: Guadalupe Fernandez Qualifying Broker License #: 20561 Qualifying Broker Address: PO Box 800, Mesilla, NM 88046 Transaction Coordinator Name: Carol Slavens Transaction Coordinator Email: [email protected] Transaction Coordinator License: 52320 Property Sub-Type: Other Number of Units: 12 Marketing Date: 2025-12-13 List Price: $1,550,000 CurrentPrice: 1550000 Status: Active List Date: 2025-12-01

Location, Tax & Legal

Account Number: R0221407 Parcel Number: 4009135438227 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 Street #: 820 Street Name: Mormon Street Suffix: Place County: Dona Ana State: NM Zip Code: 88011 MLS Area Major: 230 - Telshor Area Subdivision: Majestic Ridge

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 Court Approval: No Year Built: 1984

Remarks & Misc

Agent Wrote all Remarks: Yes 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

Paved Area: 1

Fence

Chain Link: 1

Possession

At Funding: 1

Construction

Frame: 1

Cooling

Evaporative Central: 1

Type of Tenancy

12 Months: 1 6 Months: 1

Heating

Forced Air: 1

Flooring/Foundation

Carpeting: 1 Ceramic Tile: 1

Appliances

Refrigerator: 1

Util/Serv Included In Rent

Trash Collection: 1 Water: 1

Unit Features

Carpets: 1 Tile: 1

Water

City Water: 1

Amenities (Common)

Other - See Remarks: None

Sewer

City Sewer: 1

Property Features

Parking Type: Paved Area Fence: Chain Link Possession: At Funding Type of Tenancy: 12 Months; 6 Months Construction: Frame Heating: Forced Air Cooling: Evaporative Central Appliances: Refrigerator Unit Features: Carpets Sewer: City Sewer
Listing Office: Volare Realty Group LLC
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.