Bought with Deacon Property Services
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2250 S Locust ST Las Cruces, NM 88001
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Key Details
Sold Price $1,433,333
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,270 sqft
Price per Sqft $139
Subdivision Section 21, Tract 23S , Range 2E, Inst# 2131656
MLS Listing ID 1070777
Sold Date 12/19/24
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 Sub-Type Multi Family
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
Financing Conventional
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