- For Sale $300,000
- Property Type Other
- Lot Size 0.28 SF
- Parking Spaces Avail. 4
- Year Built 1978
- Date Updated Mar 28, 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 ®
Car-Dependent (43) -
Bike Score ®
Bikeable (53)
- 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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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