VALUED AT $245,000.00 GREAT INVESTMENT INCOME PRODUCING PROPERTY! Multi-Family property,unusual to get so much. 1,2,3,bedroom 1 baths triplex, 3 bedroom/ 1/1/2 bath House, & 3 bdrm, 2bath mobile, stucco, metal roofs, all was rented $2800 monthly. Owner has greatly reduced price. SUPER BUY Price $199,900.00 Reduced To $195,900.00 REDUCED $189,900.00 The comps. on the house and triplex valued at $245,000.00 The Trailer is not included in comps. metal roofs, alwas rented. $2800 monthly. Owner has greatly reduced price. Super Buy
Price Upon Req.2,594 SF
Per the stated Terms of Sale, this property is sold AS IS WHERE IS WITH ALL FAULTS. 2,594 ± sq. ft. 2-level home with 5 bedrooms, 2.5 baths, kitchen with eating area, living room with fireplace, dining room, office, 2nd floor laundry, fence, and attached 2-car garage. OPEN: Sat/Sun May 14-15 from 2-5pm.
Are you looking for a unique multi-family opportunity right in your neighborhood? Do you possibly aspire to live in the north valley of Las Cruces yet are seeking an investment you can cost justify? If so power your prosperity with a multi-family investment to meet all your needs. It might be one of the better decisions you ever made. This well maintained property has been upgraded with tile throughout and has been upgraded with applicable upgrades when needed. Limited deferred maintenance should be required at the time of initial investment. The location is very unique and due to this dynamic attracts a tenant base that tends to stay longer than the local area market average. A party who personally desires to live in the north valley would feel very comfortable in this setting along with earning income simultaneously. Live, play, and invest where you live and take advantage of this opportunity.
Value Added Opportunity 35 Years Continuous Ownership Good Condition
This four-plex is tucked away in a very good location in Las Cruces. It is surrounded by much larger apartment complexes. The property is centrally located to the mall, freeway access, university, and the hospitals. The units are very easy care maintenance with all tile flooring and forced HVAC units. The roof is a pitched-shingle roof. The two apartments in the back have their own little yard that is fenced in. This property is a value for an investor that will manage the property and keep the management fees. This property should qualify for normal mortgage rates.
$8,400,000Size Upon Req.
Sale includes 4 parks, Country Mobile Manor & Santera Acres Mobile Home Park, Covered Wagon, and Country Estates. The 4 parks include 205 sites at 4 locations in Las Cruces, NM. As of 2-19-08, there was only 1 vacancy. Manager will stay on and has been with Seller for 15 years. Sale also includes over $950,000.00 of Seller owned homes. Call agent for more info.
This Tri-Plex is an older property located on Second Street. It consists of three units that are approximately One-Thousand square feet each. The property sits on the corner and high visibility from the street. There is on-site parking as a well as street parking. The units have had long term tenants and are on month to month leases. The Tenant in unit A has been living there for eight years. The Tenant in unit B is one of the owners. The Tenant in unit C has been living there for seven years. Do not be fooled by the appearance the property has good rental income and long term tenants. The roof is a pitched shingle roof for easy maintenance. The property has all city utilities. Rents average $640 per month per unit. This is a perfect property for an investor looking for long term income.
Multi-family building built in 1950, there are three units available featuring 2,833 sf total on 0.19 acres. Unit A includes 3 bedrooms, 1 bathroom and 1,071 sf; Unit AA includes 1 bedroom, 1 bathroom and 881 sf; and Unit AAA includes 1 bedroom, 1 bathroom and 881 sf. Condo dues may apply. Great investment opportunity! LIST PRICE IS $219,500 WITH AN OPENING BID OF $124,500 IF NO OFFERS RECEIVED BEFORE 05/25/16 AUCTION. Buyer Fee of 2% or $2,000, whichever is greater, to be added to high bid to determine final sale price. EM of 5% of high bid/sales price due from high Bidder at time of auction/offer. Offers subject to seller approval. Property sold 'as is, where is'. See Bidder Packet for additional details. Broker: Wade Micoley #18549.
This property was originally a four unit complex. The property was purchased in 1979 new by the Seller. The back two units were converted from two units to one large unit for the seller. The front two units are two bedroom 1 bath units. The back unit is now a three bedroom 2 bath with an office and is about 1380 square feet. The seller has approved and the permit has been pulled for a complete new roof. The seller has also approved repainting the complete exterior. That will be complete in May 2016. The front two units have a great rental history; one tenant has been living there for nine years and the second tenant has lived there for seven years. There are two carports on either side that will convey with the sale. This property will cash flow for an investor or a new buyer that wants to live in the back apartment and have the property pay for the mortgage. This property is in excellent shape and a new owner should have very little deferred maintenance.