2250 S Locust ST Active

Las Cruces,NM 88001

$ 1399890

3 Beds

2 Baths

10270 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,270 sqft

Price per Sqft $136

Subdivision Section 21, Tract 23S , Range 2E, Inst# 2131656

MLS Listing ID 1070777

Bedrooms 3

Construction Status Resale

HOA Y/N No

Year Built 1962

Annual Tax Amount $6,214

Lot Size 1.030 Acres

Acres 1.03

Lot Dimensions Public Records

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

Location

State NM

County Dona Ana

Area 430 - Dona Ana

Interior

Heating Central, Forced Air, Wall Furnace

Flooring Carpet, Tile, Vinyl

Fireplace No

Appliance Refrigerator

Exterior

Exterior Feature Landscaping

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID NOT AVAILABLE

Acceptable Financing Cash,Conventional

Green/Energy Cert None

Listing Terms Cash,Conventional

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