- For Sale $300,000
- Property Type Other
- Lot Size 0.28 SF
- Parking Spaces Avail. 4
- Year Built 1978
- Date Updated Apr 24, 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
False
Contacts
Rick Stoes
Location
Getting Around
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Walk Score ®
43/100
Car-Dependent
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Bike Score ®
53/100
Bikeable
- City Las Cruces, NM
- Zip Code 88001
- Market El Paso
Points of Interest
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Circle K
0.45 miles
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Fina
0.56 miles
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Speedway
0.74 miles
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Shell
0.81 miles
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Shell
0.99 miles
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Alon
1.08 miles
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Valero
1.11 miles
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Fina
1.19 miles
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Speedway
1.25 miles
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Sunoco Gas Station #0668763600
1.60 miles
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Handicap Parking
1.60 miles
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Metered Parking
1.60 miles
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Faculty/Staff Parking
1.62 miles
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Clinton Anderson Hall Guest Parking
1.77 miles
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Handicap Parking
1.80 miles
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Sunset Parking Lot
2.31 miles
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Altura Parking Lot
2.83 miles
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Monte Vista Parking Lot
3.20 miles
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Sonoma Parking Area
3.45 miles
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La Posta Overflow Parking
3.48 miles
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Hotel Encanto de Las Cruces
0.69 miles
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Hampton
0.94 miles
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WoodSpring Suites
1.04 miles
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Hilton Garden Inn
1.14 miles
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Comfort Suites
1.16 miles
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Sleep Inn
1.18 miles
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Bruce Motel
1.86 miles
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Kilby Motel
1.88 miles
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Super 8
1.91 miles
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Ramada Palms
1.94 miles
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Buffalo Wild Wings
0.32 miles
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Five Guys
0.36 miles
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El Jacalito Restaurant
0.42 miles
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McAllister's Deli
0.42 miles
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Pizza Hut
0.43 miles
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Nopalito's Restaurant
0.44 miles
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Fidencio's Mexican Food
0.45 miles
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Domino's
0.46 miles
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Cattlebaron
0.46 miles
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Chinese Kitchen
0.53 miles
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Lynn Middle School
0.43 miles
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Conlee Elementary School
0.50 miles
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Hillrise Elementary School
0.67 miles
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University Hills Elementary School
0.86 miles
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Hermosa Heights Elementary School
1.05 miles
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Valley View Elementary School
1.33 miles
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Bradley School
1.49 miles
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Las Cruces High School
1.59 miles
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Sierra Middle School
1.65 miles
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New Mexico State University
1.69 miles
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Discovery Child Development
0.35 miles
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Children's Learning Adventure
0.38 miles
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Myrna's Children's Village
2.23 miles
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Noah's Ark Learning Center
6.50 miles
Frequently Asked Questions
What is the lease rate for Apartment Complex For Sale?
Rental asking rate at Apartment Complex For Sale is $150,000.00/YR.
What is the total square footage of Apartment Complex For Sale?
Apartment Complex For Sale totals 3,756 square feet.
When was this property built?
Apartment Complex For Sale was built in 1978.
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