1120 Plain Street
Las Cruces, NM 88001

$1,550,000

Description

Money Maker! This clean & sharp 37-unit development located just one block from New Mexico State University consists of 34 one-bedroom & 3 studio studio apartments. In addition to an almost zero vacancy factor, this complex offers plenty of parking, an on-site laundry, and netted $103,734 after expenses in 2017 for a cap rate of 6.69%

Details

MLS#1805585
Sub-TypeResale
StatusPending - Show
Days On Site107

Features

SQ Feet7,506
Units37

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Area Information

StateNM
CountyDona Ana
CityLas Cruces
Zip Code88001
Area332 - Crescent Pkarea
Listing VS Median (in 88001)
Price:
$1,550,000
low | high
Med:
$129,900
100% of Average
SqFt:
7,506
low | high
Med:
2,100
100% of Average
$ / SqFt:
$207
low | high
Med:
$62
100% of Average
On Site:
107
low | high
Med:
431
24.825986078886% of Average
Listing Updated: 07/20/2018
MLS Number: 1805585
Listing Provided By:
Gary A Sandler  of  Gary Sandler Inc. Realtors