Apartment Complex For Sale Listing Details & Market Data

1217 La Fonda, Las Cruces, NM 88001

  • 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.



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Attachments

Contacts

broker

Rick Stoes

Location

Getting Around

  • Walk Score ®

    Car-Dependent (43)
  • Bike Score ®

    Bikeable (53)
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  • 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

  • Buffalo Wild Wings

    0.32 miles

  • Five Guys

    0.36 miles

  • El Jacalito Restaurant

    0.42 miles

  • McAllister's Deli

    0.42 miles

  • Pizza Hut

    0.43 miles

  • Nopalito's Restaurant

    0.44 miles

  • Fidencio's Mexican Food

    0.45 miles

  • Domino's

    0.46 miles

  • Cattlebaron

    0.46 miles

  • Chinese Kitchen

    0.53 miles

  • Lynn Middle School

    0.43 miles

  • Conlee Elementary School

    0.50 miles

  • Hillrise Elementary School

    0.67 miles

  • University Hills Elementary School

    0.86 miles

  • Hermosa Heights Elementary School

    1.05 miles

  • Valley View Elementary School

    1.33 miles

  • Bradley School

    1.49 miles

  • Las Cruces High School

    1.59 miles

  • Sierra Middle School

    1.65 miles

  • New Mexico State University

    1.69 miles

  • Discovery Child Development

    0.35 miles

  • Children's Learning Adventure

    0.38 miles

  • Myrna's Children's Village

    2.23 miles

  • Noah's Ark Learning Center

    6.50 miles

Contact Listing Broker

broker

Rick Stoes