$737,114
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2432 La Fonda Circle Unit 1-8 Las Cruces, NM 88001
Apartment
Residence
8
Beds
8
Baths
Sq. Ft.
Property Activity
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This updated two story 8-plex is a must see!! Situated off one of Las Cruces' busiest streets, Missouri Ave., it offers seven nicely situated, 1-bed & 1-bath, units at approximately 483 sq/ft and 1 unit being approximately 823 sq/ft. Half of the units are located downstairs and the other half upstai...rs. The larger unit, #1, also has a 2-car garage that accompanies it that can be kept as a garage space for this unit or turned into individual storage rooms, a laundry room, or even another unit. This larger unit also boasts a private cedar fenced in yard in the rear, making it a perfect space for grilling, relaxing, or letting pets run around in. Measures of investment performance at list price of $737,114 and with average rent of $751 include GRM of 10.22, Cap rate of 6.24%.
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MLS#
2402610
Property Type
Apartment
Bedrooms
8
Bathrooms
Year Built
1984
Sewer
City Sewer
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