$315,000
11 Bed
0.57 Acre Lot
Visits : 4 In 1 Days

809 Van Patten Avenue, Las Cruces, New Mexico 88005

  • Residential Income Property Type
  • NEW Days on Market
Property Description

Eight-unit multifamily investment opportunity with a diverse unit mix and value-add potential. The property consists of six apartment units located at the rear of the site, including five currently leased units and one recently renovated unit that is available for rent. At the front of the property, a detached single-family home and studio provide additional income-producing flexibility.The rear apartment units each offer approximately 600 square feet of living space with 2 bd/ 1 bath corner units and 1 bd/ 1 bath interior units. Ample on-site parking is available for tenants, and the property includes additional outdoor space that could be enhanced to improve tenant enjoyment and overall appeal.With existing rental income, a renovated vacant unit, and opportunities for further improvements, this property presents an attractive option for investors seeking a project with upside potential and multiple revenue streams.

Details
$315,000
11
Residential Income
0.57 Acre
Active
24,763 Sqft
.25 to .50 AC
Apartment Complex
BHGRE Steinborn & Associates
Lauren C Lay
(575) 522-3698
Features
: Wall Furnace
: Evaporative Cooling
: Pitched, Flat, Minimum Pitch
Address Information
809
Van Patten
Avenue
US
NM
Dona Ana
Las Cruces
Palmers Subdivision
88005
W107° 12' 35.4''
N32° 18' 48''
Additional Property Details
: Stucco, Adobe, Block
: Public
: Public Sewer
No
Block
Paved Area
Agent info
Mesa Flats Realty
Mortgage Calculator
$
$ %
years
%
$
$

$
Contact Agent
Contact Us
info@mesaflatsrealty.com 575-224-2295