$1,639,237
$1,639,237
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2105 S Espina ST Las Cruces, NM 88001
0.84 Acres Lot
Key Details
Sold Price $1,639,237
Property Type Condo
Sub Type Apartment Complex
Listing Status Sold
Purchase Type For Sale
Subdivision College Mesa
MLS Listing ID 2501924
Sold Date 12/04/25
Year Built 1965
Lot Size 0.840 Acres
Acres 0.84
Lot Dimensions .76 to 1 AC
Property Sub-Type Apartment Complex
Source lascruces
Property Description
This unique investment opportunity offers a blend of 14 two-bedroom 1 bath units and a single studio unit. Each unit boasts a fenced backyard and features updates such as vinyl windows, sliding doors, and attractive flooring. Also included are Master Cool evaporative coolers, a mini-split HVAC system on the studio, and a coin/app-operated laundry facility. Situated directly across from a large park, with ample parking facilities, this property benefits from proximity to NMSU, local dining, and shops, making it highly attractive to renters. Additional perks include professional management and potential for increased returns through strategic upgrades. With a prime location and proven improvements already in place, this property represents a compelling opportunity for investors seeking immediate cash flow with long-term growth potential.
Location
State NM
County Dona Ana
Interior
Heating Gas Available, Heat Pump
Cooling Evaporative Cooling, Heat Pump
Fireplace N
Appliance Range, Refrigerator
Exterior
Parking Features Off-Site Park, Paved Area
Fence Back Yard, Wood, Rock, Block
Roof Type Pitched,Shingle
Building
Foundation Ceramic Tile, Vinyl
Sewer Public Sewer
Water Public
Structure Type Brick Veneer,Stucco,Frame
Others
Acceptable Financing Cash, FHA, Conventional
Listing Terms Cash, FHA, Conventional
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