2432 La Fonda Circle, Las Cruces, NM

$687,414

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1

Bed

1

Bath

0.28

Acres

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
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
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
Is Waterfront No
Has Pool No

Interior of 2432 La Fonda Circle

Interior Carpet, Vinyl, Tile
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
Construction Frame

Additional Information On 2432 La Fonda Circle

Date Listed August 22nd, 2024
Days on Market 192
RE / Bank Owned No

Listing Details

OfficeNM Apartment Advisors, Inc.

Listing Map

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