Listing Courtesy: Gary Sandler Inc., Realtors - (575) 525-2400
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.
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. Presented by: Gary A Sandler 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