About 2432 La Fonda Circle
This updated two story 8-plex is a must see!! Situated off one of Las Cruces' busiest streets, Missouri Ave., it offers seven nicely situated, 1-bed & 1-bath, units at approximately 483 sq/ft and 1 unit being approximately 823 sq/ft. Half of the units are located downstairs and the other half upstairs. The larger unit, #1, also has a 2-car garage that accompanies it that can be kept as a garage space for this unit or turned into individual storage rooms, a laundry room, or even another unit. This larger unit also boasts a private cedar fenced in yard in the rear, making it a perfect space for grilling, relaxing, or letting pets run around in. Measures of investment performance at list price of $687114 and with average rent of $751 include GRM of 9.53, Cap rate of 6.44%
Residential Income property for sale in Las Cruces, NM at 2432 La Fonda Circle. This 1 bedroom Residential Income property is priced at $687,414.
Features of 2432 La Fonda Circle
MLS® # | 1069161 |
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Price | $687,414 |
Bedrooms | 1 |
Bathrooms | 1.00 |
Acres | 0.28 |
Year Built | 1984 |
Type | Residential Income |
Sub-Type | Multi Family |
Status | Pending |
Community Information: Las Cruces
Address | 2432 La Fonda Circle |
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Area | 430 - Dona Ana |
Subdivision | DESERT WILLOW ESTATES SUBDIVISION |
City | Las Cruces |
County | Dona Ana |
State | NM |
Zip Code | 88001 |
Amenities of 2432 La Fonda Circle
Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
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Is Waterfront | No |
Has Pool | No |
Interior of 2432 La Fonda Circle
Interior | Carpet, Vinyl, Tile |
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Appliances | Refrigerator |
Heating | Central, Forced Air |
Cooling | Evaporative Cooling |
Fireplace | No |
# of Stories | 2 |
Stories | Two |
Exterior of 2432 La Fonda Circle
Exterior Features | Landscaping |
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Construction | Frame |
Additional Information On 2432 La Fonda Circle
Date Listed | August 22nd, 2024 |
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Days on Market | 192 |
RE / Bank Owned | No |
Listing Details
Office | NM Apartment Advisors, Inc. |
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