Discover a unique investment with this New Mexico Style Adobe apartment complex on a half-acre lot right behind Bite of Belgium. Comprising 8 duplex units with a total of 15 bedrooms and 11 bathrooms, this property offers versatile and profitable potential. The authentic adobe architecture showcases traditional charm, while the beautifully landscaped courtyard provides a serene space for relaxation and communal activities. Ideal for investors looking to remodel, this complex offers excellent potential for increased rental income and property value. Own a piece of New Mexico's heritage and transform it into a modern, desirable residence for tenants. This charming complex is more than just a place to live; it's a lifestyle. Don't miss out on this opportunity to invest in a property that promises both character and profitability. Contact us today to schedule a viewing and explore the endless possibilities this unique apartment complex offers.
MLS# | 2402036 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Pending |
Year | 1930 |
Days On Site | 74 |
Listing Provided By | Keller Williams Realty | Gage Gornall |
Bed(s) | 15 |
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Bath(s) | 11 |
SQ Feet | 7,072 |
Units | 8 |
Acreage | 0.50 |
State | NM |
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County | Dona Ana |
City | Las Cruces |
Zip Code | 88005 |
Area | Dona Ana |
Subarea | 120 Downtown |
Community Name | Peterson Place |
Listing VS Median (in Peterson Place) | |
Price: $700,000 low | high Med: $512,500 SqFt: 7,072 low | high Med: 4,230 $ / SqFt: $99 low | high Med: $167 On Site: 74 low | high Med: 51.500000 |