NM
Dona Ana
Las Cruces
88001
1400 S Espina Street
1400 S Espina Street, Las Cruces, NM 88001
Listing Type
Multi Family
Listing Status
active
14
$3,280,000

Home Details for 1400 S Espina Street

Price
$3,280,000
Type
Residential Income
Bedrooms
28
Bathrooms
18.0
Square feet
10389
Year built
1972
Lot size acres
0.95
County
Dona Ana
Garage
Days on site
274
MLS Listing#
2400882
Hoa
No
Listing courtesy: Gary Sandler Inc., Realtors - (575) 525-2400
Property Description

Looking for a moneymaker with room to increase rents and income? This 18-unit complex near New Mexico State University may be the one! The property consists of 10 two bedroom and 8 one bedroom units situated in 6 buildings with individual washer & dryer hookups, heat, air & utilities. Current rents are below HUD Fair Market Rents in the 88001 zip code, which are $890 per month for 1 Brs and $1,000 for 2 Brs, If that's not enticing enough, the owner will finance the purchase. This is a terrific opportunity.

Property Features
  • Heating Information
    • Natural Gas
    • Electric
  • Cooling Information
    • Evaporative Central
  • Water Features
    • Public
. Presented by: Gary A Sandler
All listing information was provided by Southern New Mexico Multiple Listing Service. IDX listing information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLIS.
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
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
Office
575 532 5678
Agent
575 649 3175
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