Active
1140 Monte Vista Avenue
Las Cruces NM, 88001
$2,050,000
$153.08 per sqft
Active
40 Beds
20 Baths
13,392 sqft
Residential
Built in 1978
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.
2400308
MLSⓇ ID
February 2, 2024
Listed
October 1, 2024
Updated
Map
1140 Monte Vista Avenue
Las Cruces NM, 88001
Interior Features
Bedrooms
40
Total Bathrooms
20
Appliances
Range/Oven, Refrigerator
Fireplace
No
Cooling
Yes
Cooling Description
Evaporative Central
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.65 Acres
Sewer
City Sewer
Other Property Details
Garage
No
Parking
Paved Area, Street Parking
View
No
County
Dona Ana
Water Source
City
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
8/6/2024 | Price change | $2,050,000 -7% |
Listed by Veronica Lindley with VNL Realty LLC
Listing Contact: (575) 640-4540
The IDX display contains information sourced from the Las Cruces Association of REALTORS® as of 10/1/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 10/1/2024 at 8:02 PM UTC