Description
PRIDE OF OWNERSHIP - This family-owned 7-unit complex near downtown Las Cruces has been impeccably maintained inside & out. With seldom a vacancy, this six 2 bedroom and one, 1 bedroom complex generates just under $50,000 in gross income annually, Plenty of on-site parking including individual enclosed carports. Additional amenities include separate meters, individual heat & air, an onsite coin-op laundry, upgraded flooring, and little to no deferred maintenance. Add in a cap in the neighborhood of 8.5% & you have an investment that's hard to beat.
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13BEDS
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0.47ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
PRIDE OF OWNERSHIP - This family-owned 7-unit complex near downtown Las Cruces has been impeccably maintained inside & out. With seldom a vacancy, this six 2 bedroom and one, 1 bedroom complex generates just under $50,000 in gross income annually, Plenty of on-site parking including individual enclosed carports. Additional amenities include separate meters, individual heat & air, an onsite coin-op laundry, upgraded flooring, and little to no deferred maintenance. Add in a cap in the neighborhood of 8.5% & you have an investment that's hard to beat.
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