This strikingly revitalized one structure complex is a must see! Comprised of 2, 2/1's, 11, 1/1's, and 1 studio, allows for a diverse household makeup. Keeping the original name of The Casa Blanca Adobe Apartments, you get the keen sense of an adobe style structure with modern amenities and upgrades. Located just .3 miles from NMSU with a short 3-minute drive or 11-minute walk making it easy to get to class, tour the campus, fish at the Aggie duck pond, or grab a bite to eat at the Corbett Center Student Union. The revitalizing component spans from top to bottom. A new roof in 2023 with 12 new master cool units, full exterior two-color elastomeric paint, updated wood fencing, landscaping rock in front, updated exterior lighting with plenty of additional exterior lighting provided by El Paso Electric, more than enough on-site and street parking, and new signage bringing the exterior upgrades all together.Interior upgrades take this 65-year-old property from old to new as soon as you
Great starter home in a nice area. Well cared for and ready for you to move in and enjoy.3 bedrooms and I bath. home in good shape, it could use some improvements, you be the judge.This is a great place to start.
Welcome to this spacious two-story home featuring 4 bedrooms and 2.5 baths, totaling 2,265 square feet of comfortable living space. The main floor offers a bright living area, modern kitchen, and guest bathroom. Upstairs, find a serene owners suite, three additional bedrooms, and another full bath. This home is perfect for modern living. Schedule a showing today and make this your dream home!
3 homes in 1 lot. The best of urban living in downtown Las Cruces while unlocking the potential of this versatile residential lot. Live in one doublewide and capitalize on the booming rental market by renting the other 2 homes. Whether you're an investor, homeowner, or looking to accommodate extended family members, this property offers the perfect blend of convenience, flexibility, and investment potential.The property includes two double-wide mobile homes and a charming tiny home, providing versatile living options for extended family members, renters, or as potential income-generating property.
This Amazing lot conveniently located near downtown close to restaurants and shopping.. Utilities are at the street.
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.
This stunning 6-plex, nicknamed ''The Tall Pines'', due to the remarkable large pine trees that encapsulate this property, is a must see. Designed in a horseshoe/U pattern, it allows for a shared common area which residents love to take advantage of. Easy to find and situated off S. Solano, between Idaho and Boutz, this revitalized 6-unit property is just 1 mile from NMSU and 2 miles from downtown, offering ease of travel for anyone attending NMSU or someone wanting to take advantage of the amazing eateries and breweries located downtown. Measures of investment performance at list price of $671,260 and with average rent of $787 include GRM of 11.85, Before Reserves Cap rate of 5.70% and after tax IRR of 10.50%.
This charming 4 Bedroom, 1 Bath, 1,350 square feet of living space home sits on a generous lot that offers ample outdoor space. The newer carpet and laminate flooring create a cozy and inviting atmosphere, while the well-appointed eat-in Kitchen with electric range and wood cabinets are perfect for preparing delicious meals. The spacious backyard is ideal for hosting gatherings or enjoying outdoor activities with family and friends. Additionally, the newer stucco and metal roof provides peace of mind and add value to this already amazing property. Don't miss out on the opportunity to make this lovely house your home!
Open your retail , hair salon or Doctors office here! Beautiful up stairs suite with front desk / waiting area , 1 extra large work /retail space with restroom and 2 smaller work rooms/retail areas. small kitchenette area and second bathroom. Available as a fully equipped salon for an additional price of equipment and furniture. New stairs and sidewalks throughout the complex. Parking places are not part of the sale. The 2 parking lots are shared with all tennants and customers
The largest food service and Catering Business in Southern NM is for sale. This is a stable, growing business that has the potential for greater growthGross revenues in 2022 were in excess of $1.7 Million, 2023 gross revenues were at $1.66 Million. with an approximate net profit in the range of 30% Clients include several charter schools, the NM dept of Health, headstart, after-school programs, and many more serving breakfasts, lunch, and snacks for up to 4,000 students per day. Fully equipped and updated kitchen, 8 vans. Building and land are included
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.
Located in the City of Las Cruces Infill Overlay District and just 6-blocks from New Mexico State University, this 1.63-acre R-3 zoned parcel includes complete plans and preliminary approvals for a 28-unit 2 & 3 bedroom apartment complex. In addition to saving hundreds of hours and tens of thousands of dollars in time on soft costs, many development fees can be waived. If that's not enough, the owner will finance the purchase. This one-of-a-kind offering won't last long so add it to your list of possibilities before it's too late.
Excellent starter or college home! Centrally located 2 miles from NMSU and 5 minutes from downtown. Easy access to 1-25 and 1-70 with plenty of shopping and entertainment venues. This 2 bedroom/ 1 bath home provides plenty of yard space for pets! Schedule now to view!
Highly visible corner lot location in Downtown Las Cruces, New Mexcio. This 0.373 Acre site has a 480 SF Office, a 1,925 SF Canopy, three storage units (one is 30' x 30') and is fully chain-link fenced. With a 2022 Vehicle count of 13,694 AAWT and 12' x 12' lighted signage this location is seen! .
Just minutes from shopping and dining, this well-maintained spacious 1792 sq. ft. home features 4 bedrooms and 2 baths. Situated on an approximately .28 acre lot, this home includes a metal roof and refrigerated air to keep you cool in the summer. Kitchen cabinets have been updated, home features an oversized kitchen island. It has a spacious and bright split floor plan, tile throughout and a covered porch. The large master suite has a garden tub and double vanity sinks.
This is a beautiful remodeled 3 bedroom, 3 bath compound style home that has a BASEMENT with two bonus rooms with big closets that really make it a 5 bedroom. As soon as you enter the home you see a beautiful kitchen equipped with all new appliances! Beautiful tile throughout the house except the bedrooms. The custom style downstairs is nothing short of spectacular. This is a home you have to see to believe! This home also has a beautifully landscaped front yard and comes with a 4 deep garage!! Set up your appointment today for your chance to see this gem!
Come see this home in a mature area and over 1700sqft. This home also has a storage shed in the backyard. Plus this home has 2 backyards.
Need a large home? This home has 4 bedrooms, 2 bathrooms, parking for a few cars and is located to shopping, schools and entertainment. Please call for your personal showing.
This value-add opportunity is a core asset in that its 100% occupied and has had recent renovations, but could also be a value add in branding, signage and bringing the current rents that are 12% below market to market. Located in New Mexico's 2nd largest city, Las Cruces which is home to NM State University and its ~11,000 students this property is well situated close to campus and not too far away from the recently announced $75M movie studio (www.nmapartment.com/lcstudio). Las Cruces is also the Chile Capitol, is known for its pecan orchards and is the closest major city to Spaceport New Mexico, home of Virgin Galatic operations.These eight units are situated on two parcels and the owner is willing to sell the fourplexes individually at the following prices:2210 - $465,354 - 5.35% cap rate - $116,339 per unit - $155.12/sf2220 - $433,535 -5.33% cap rate - $108,886 per unit - $145.18/sfThe owner has recently spent $50,000 in upgrades and renovations.
Cute 3 bedroom home with refrigerated air near the university. The home has 1280 sq. ft., 1 3/4 baths with pergo wood floors (no carpet), 2 living areas and a pitched metal roof. There is a dog run & storage shed in the back.
This .32 acre lot is located in the Mesa Subdivision area and full of potential! 2 minutes from University! This is a great location that you don't want to miss out on!
Great commercial business location for sale. Addition Suite D available (Day Spa). This location hair salon.
Come check out this beautiful corner lot home! Featuring 3 bedrooms and 2 bathrooms, this home offers refrigerated air, a spacious bonus room, and a gas fireplace. The primary bedroom features a large walk-in closet and a garden tub. Clerestory windows in the living room provide plenty of natural light. Outside, you'll find 14 newly installed solar panels on the roof. Additionally, the backyard has RV/trailer access alongside the gorgeous trees. This fantastic home won't last long!
This Gorgeous 4 bedroom, 2 bathroom home offer's ton's and ton's of space, with its colossal sized open floor plan kitchen and bay window. This home is complete with unique custom tile flooring throughout the entire home. Located next to the historic district and offering 2 driveways for easy access. There are plenty of windows, making this home extra bright with natural lighting. This property also boasts a large fully fenced backyard perfect for all your entertaining desires.
The median home value in Las Cruces, NM is $170,100. This is higher than the county median home value of $169,600. The national median home value is $219,700. The average price of homes sold in Las Cruces, NM is $170,100. Approximately 48.07% of Las Cruces homes are owned, compared to 41.18% rented, while 10.75% are vacant. Las Cruces real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Las Cruces real estate agent to arrange a tour today!
Las Cruces, New Mexico 88001 has a population of 101,014. Las Cruces 88001 is less family-centric than the surrounding county with 28.23% of the households containing married families with children. The county average for households married with children is 31.25%.
The median household income in Las Cruces, New Mexico 88001 is $40,924. The median household income for the surrounding county is $39,114 compared to the national median of $57,652. The median age of people living in Las Cruces 88001 is 32.6 years.
The average high temperature in July is 94.8 degrees, with an average low temperature in January of 27.7 degrees. The average rainfall is approximately 10.6 inches per year, with 2.6 inches of snow per year.