Listing courtesy: VNL Realty LLC - (575) 640-4540
MULTI-FAMILY INVESTMENT...In close proximity to New Mexico State University, this property offers a lucrative investment opportunity with a proven track record of rental success. The demand for quality rental units in the university area ensures a steady and reliable income stream.7% cap rate. $125,000 price per unit. Staircase redone (steel plate) and new swamp coolers 2023.
Cooling Information
Heating Information
Water Features
Parking
. Presented by: Veronica Lindley The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the Las Cruces Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2025 Las Cruces Association of REALTORS®. All Rights Reserved.
Market statistics compiled from data from Southern New Mexico MLS.
EXIT REALTY HORIZONS
3519 Foothills Rd, Las Cruces, NM 88011
Patty Olson
License #: 38973
Associate Broker