Log In/Sign Up
Your email has been sent.
2802 Corte Dios - Haciendas at Grace Village 24,484 SF Health Care Building Offered at $11,440,000 at a 8.50% Cap Rate in Las Cruces, NM 88011
Investment Highlights
- 1:6 ratio of caregivers to residents (compared to state standard of 1:15)
- Winner of 2024 Mesilla Valley's Community Choice Award (Category: Services - Assisted/Senior Living)
- 24-hour specialized care staff
- 5 Buildings (1 admin; 4 secured resident)
Executive Summary
Sale includes business, buildings, and ±4 acre property. The subject ±4 acre parcel has enough room to add two additional 12 unit buildings
An adjacent ± 7.4 acres of additional land is also available for sale; this land is entitled and zoned for expansion.
An adjacent ± 7.4 acres of additional land is also available for sale; this land is entitled and zoned for expansion.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $11,440,000 | Building Class | C |
| Price Per Bed | $238,333 | Lot Size | 4.00 AC |
| Sale Type | Investment | Building Size | 24,484 SF |
| Cap Rate | 8.50% | No. Beds | 48 |
| Sale Condition | Business Value Included | No. Stories | 1 |
| Property Type | Health Care | Year Built | 2012 |
| Property Subtype | Assisted Living | ||
| Zoning | PUD | ||
| Price | $11,440,000 |
| Price Per Bed | $238,333 |
| Sale Type | Investment |
| Cap Rate | 8.50% |
| Sale Condition | Business Value Included |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | C |
| Lot Size | 4.00 AC |
| Building Size | 24,484 SF |
| No. Beds | 48 |
| No. Stories | 1 |
| Year Built | 2012 |
| Zoning | PUD |
About 2802 CORTE DIOS , LAS CRUCES, NM 88011
Located in the heart of Las Cruces, New Mexico, this property is a well-established assisted living facility offering an exceptional investment opportunity. This unique property combines modern amenities, a serene environment, and a strong reputation for delivering compassionate care to its residents. The property consists of a 48-unit memory care assisted living facility that is comprised of five standalone buildings. One building is dedicated to administrative offices and four secured resident buildings provide memory care assisted living.
1 1
Property Taxes
| Parcel Number | 02-41812 | Improvements Assessment | $765,151 |
| Land Assessment | $173,333 | Total Assessment | $938,484 |
Property Taxes
Parcel Number
02-41812
Land Assessment
$173,333
Improvements Assessment
$765,151
Total Assessment
$938,484
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
2802 Corte Dios - Haciendas at Grace Village
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.