1400 S ESPINA ST
LAS CRUCES, NM 88001

$3,280,000

28 Beds

18 Baths

10,389 Sq Ft

Status Active

MLS# 2400882

Looking for a moneymaker with room to increase rents and income? This 18-unit complex near New Mexico State University may be the one! The property consists of 10 two bedroom and 8 one bedroom units situated in 6 buildings with individual washer & dryer hookups, heat, air & utilities. Current rents are below HUD Fair Market Rents in the 88001 zip code, which are $890 per month for 1 Brs and $1,000 for 2 Brs, If that's not enticing enough, the owner will finance the purchase. This is a terrific opportunity.

Details for 1400 S ESPINA ST

Built in 1972

$316 / Sq Ft

Evaporative Central

Electric, Gas

76 Days on website

0.95 acres lot

Interior

Appliances

Range/Oven, Refrigerator

Bathrooms Total

Bedrooms Total

Living Area

10,389 SqFt.

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1972

Exterior And Lot

Lot Size Acres

0.95

Lot Size Square Feet

41382

Parking Features

Paved Area

Utilities

Cooling

Evaporative Central

Heating

Electric, Gas

Area And Schools

City

Las Cruces

County Or Parish

Dona Ana

Subdivision Name

College Subdivision

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.