Active

2250 S Locust Street

Las Cruces NM, 88001

$1,399,890


$136.31 per sqft

Active

3 Beds

2 Baths

10,270 sqft

Multi-family

Built in 1962

Courtesy of NM Apartment Advisors, Inc.

With 13 ground floor apartments with plenty of private parking right near each apartment's front door, residents love the added privacy and security of patio home style living as much as they love the unique amenities and recent upgrades each unit offers. The current owners have completed significant renovations and updates, including a new electrical service for 7 apartments. There are also multiple HVAC upgrades, including 3 new package units on 3 brand new 1 bedroom / 1 bath apartments. More than 1/2 the apartments have been renovated in the last 2 years, offering the next owner a clear pathway to easy further value add measures or a stabilized and well-maintained core asset. Equally, several significant but optional value add opportunities remain for the next owner, includi

1070777

MLS ID

September 16, 2024

Listed

November 6, 2024

Updated

Map

2250 S Locust Street
Las Cruces NM, 88001

Interior Features

Total Stories

1


Bedrooms

3


Total Bathrooms

2


Appliances

Refrigerator


Floor Description

Carpet, Tile, Vinyl


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Central, Forced Air, Wall Furnace

Exterior/Building Features

Lot Size

1.03 Acres


Exterior Features

Landscaping

Other Property Details

Area Name

430 - Dona Ana


Taxes

$6,214


Tax Frequency

Annually


Days on Market

51


Garage

No


View

No


County

Dona Ana


Pool

No

Green Building Features

Green Features

None

Listing History

Date

Event

Price

11/6/2024

Price change

$1,399,890

-7%

The information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor R1 Realty One of New Mexico shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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