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2250 S Locust Street

Las Cruces, NM 88001
  • $1,399,890
  • STATUS: Active
  • ON SITE: 78 Days
  • MLS #: 1070777
UPDATED: 79 min ago
$1,399,890
  • 3
    BEDS
  • 1.03
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 10,270
    SQFT
  • $136
    $/SQFT
Type:
Multi-Family
Built:
1962
County:

School Ratings & Info

Description

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

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IDX information © 2024 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Campbell & Campbell Real Estate Services. Data last updated: 2024-12-05T08:05:15.253.
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2250 S Locust Street Las Cruces, NM 88001

  • Price: $1,399,890
  • Status: Active
  • On Site: 78 Days
  • Updated: 79 min ago
  • MLS #: 1070777
3
Beds
2
Baths
0
½ Baths
1.03
Acres
10,270
SQFT
$136
$/SQFT
1962
Built
Neighborhood:
Section 21, Tract 23S , Range 2E, Inst# 2131656
County:
Dona Ana
Area:
430 - Dona Ana
Property Description
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
Exterior Features

Construction Materials Block Frame Stucco Exterior Features Landscaping Levels One Stories Total 1

Interior Features

Appliances Refrigerator Basement YN No Flooring Carpet Tile Vinyl Heating Central Forced Air Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN Yes Builder Name Unknown Building Area Total 10270 Green Energy Generation None Gross Income 139152 Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional New Construction YN No Operating Expense 45409 Property Condition Resale Property Sub Type Multi Family Tax Annual Amount 6214 Tenant Pays Other See Remarks Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected Zoning Description R-2

Southwest MLS] logo Listing courtesy of NM Apartment Advisors, Inc.: (505) 440-8633. © 2024 Southwest Multiple Listing Service, Inc.


IDX information © 2024 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Campbell & Campbell Real Estate Services. Data last updated: 2024-12-05T08:05:15.253.
 
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Campbell & Campbell Real Estate Services
5716 Osuna Rd NE
Albuquerque NM, 87109