Active
2432 La Fonda Circle Unit: 1-8
Las Cruces NM, 88001
$687,414
Active
8 Beds
8 Baths
Residential
Built in 1984
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 upstairs. 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 $687,414 and with average rent of $751 include GRM of 9.53, Cap rate of 6.70% and after tax IRR of 14.90%..
2402610
MLSⓇ ID
August 23, 2024
Listed
December 30, 2024
Updated
Map
2432 La Fonda Circle Unit: 1-8
Las Cruces NM, 88001
Interior Features
Bedrooms
8
Total Bathrooms
8
Appliances
Range/Oven, Refrigerator
Fireplace
No
Cooling
Yes
Cooling Description
Evaporative Central
Heating
Yes
Heating Description
Gas, Forced Air
Exterior/Building Features
Lot Size
0.28 Acres
Roof
Asphalt, Shingle, Pitched
Sewer
City Sewer
Other Property Details
Garage
Yes
Parking
Garage, Street Parking, Paved Area
View
No
County
Dona Ana
Water Source
City
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
12/30/2024 | Price change | $687,414 -7% |
Listed by Marvid Charlson with Property Mgt & Investments of NM
Listing Contact: (575) 642-6844
The IDX display contains information sourced from the Las Cruces Association of REALTORS® as of 12/30/2024. 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 12/30/2024 at 2:18 AM UTC