Map of Property

Apartment Complex For Sale

For Sale

1217 La Fonda, Las Cruces, NM 88001

This Las Cruces property for sale is located at 1217 La Fonda. The current listed sale price for Apartment Complex For Sale is $300,000. Apartment Complex For Sale is situated on a lot that is 0.28 square feet in size.

Contacts

broker

Rick Stoes

Property Details

  • Property Type Other
  • Lot Size 0.28 SF
  • Parking Spaces Avail. 4
  • Year Built 1978
  • Date Updated Apr 23, 2024

1217 La Fonda | For Sale Discover a fantastic investment opportunity in Las Cruces, NM with the property located at 1217 La Fonda. This charming property features four spacious 2-bedroom apartments, offering a total of ±3,756 square feet of living space. With a sale price of $300,000 and a price per square foot of $79.87, this property is a lucrative investment. Each apartment boasts a private entrance, a private backyard, and an appealing curb appeal. One of the apartments is located upstairs, providing additional privacy. With a monthly rent of $550 per unit, the potential NOI is an impressive $23,818. Situated on a 0.282-acre lot, this property offers a desirable location in Las Cruces. The surrounding area is characterized by a growing population, with 106,124 residents within a 5-mile radius. The average household income is $62,606, ensuring a strong tenant base. Don't miss out on this opportunity to own a profitable multi-unit property in a sought-after location. Contact us today to learn more about 1217 La Fonda and take the first step towards a lucrative investment.



Investment

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Attachments

Getting around

  • 43/100

    Walk Score ®

  • 53/100

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Location

  • City Las Cruces, NM
  • Zip Code 88001
  • Market El Paso

Points of Interest

  • Circle K

    0.45 miles

  • Fina

    0.56 miles

  • Speedway

    0.74 miles

  • Shell

    0.81 miles

  • Shell

    0.99 miles

  • Alon

    1.08 miles

  • Valero

    1.11 miles

  • Fina

    1.19 miles

  • Speedway

    1.25 miles

  • Sunoco Gas Station #0668763600

    1.60 miles

  • Handicap Parking

    1.60 miles

  • Metered Parking

    1.60 miles

  • Faculty/Staff Parking

    1.62 miles

  • Clinton Anderson Hall Guest Parking

    1.77 miles

  • Handicap Parking

    1.80 miles

  • Sunset Parking Lot

    2.31 miles

  • Altura Parking Lot

    2.83 miles

  • Monte Vista Parking Lot

    3.20 miles

  • Sonoma Parking Area

    3.45 miles

  • La Posta Overflow Parking

    3.48 miles

  • Hotel Encanto de Las Cruces

    0.69 miles

  • Hampton

    0.94 miles

  • WoodSpring Suites

    1.04 miles

  • Hilton Garden Inn

    1.14 miles

  • Comfort Suites

    1.16 miles

  • Sleep Inn

    1.18 miles

  • Bruce Motel

    1.86 miles

  • Kilby Motel

    1.88 miles

  • Super 8

    1.91 miles

  • Ramada Palms

    1.94 miles

  • JCPenney

    0.39 miles

  • Mesilla Valley Mall

    0.49 miles

  • Sprouts Farmers Market

    0.57 miles

  • Big Lots

    0.58 miles

  • Sears

    0.60 miles

  • Walmart Supercenter

    0.79 miles

  • Ross

    0.88 miles

  • Marshalls

    0.89 miles

  • Albertsons

    0.94 miles

  • Target

    0.96 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Rick Stoes