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- LoopNet Team
1040 N Mesilla St
Las Cruces, NM 88005
Mesilla Court Apartments · Multifamily Property For Sale
·
7 Units

Property Facts
| No. Units | 7 | Building Size | 4,640 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built/Renovated | 1960/2018 |
| Lot Size | 0.47 AC | Parking Ratio | 2.16/1,000 SF |
| Zoning | Incorporated | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.47 AC |
| Building Size | 4,640 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1960/2018 |
| Parking Ratio | 2.16/1,000 SF |
| Zoning | Incorporated |
Amenities
Unit Amenities
- Air Conditioning
- Tile Floors
- Hardwood Floors
- High Speed Internet Access
- Range
- Tub/Shower
- Carpet
Site Amenities
- 24 Hour Access
- Courtyard
- Fenced Lot
- Laundry Facilities
- Trash Pickup - Curbside
About 1040 N MESILLA ST , LAS CRUCES, NM 88005
PRIDE OF OWNERSHIP - This family-owned 7-unit complex near downtown Las Cruces has been impeccably maintained inside & out. With seldom a vacancy, the complex generates over $45,000 in gross income annually, Plenty of on-site parking including individual enclosed carports. Additional amenities include separate meters, individual heat & air, an onsite coin-op laundry, upgraded flooring, and no deferred maintenance. Add in an 8.1% cap rate & you have an investment that's hard to beat.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | $525.00 | - |
Property Taxes
| Parcel Number | 02-01498 | Improvements Assessment | $98,877 |
| Land Assessment | $13,673 | Total Assessment | $112,550 |
Property Taxes
Listing ID: 14350605
Date on Market: 11/10/2018
Last Updated:
Address: 1040 N Mesilla St, Las Cruces, NM 88005
The Downtown Las Cruces Multifamily Property at 1040 N Mesilla St, Las Cruces, NM 88005 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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