🌶️Amazing value ADD opportunity - in NM collage town of Las Cruces🌶️ 

Current rent roll & survey attached

Video Included 

Pictures included

PROPERTY HIGHLIGHTS

📍 Las Cruces, NM – Prime location near New Mexico State University with high rental demand.

🏘️ Units: 41 total gandfathered spaces, 37 currently occupied on month-to-month leases ALL TOH.

⚡ Utilities: 34 electrical meters, 5 poles ready for connection, plus a WATER WELL RIGHT(3 acre high water rise).

💰 Financing: 3 YR BALLOON payment with 0 PAYMENTS or 0% INTEREST for the first 3 years.

🔑 INVESTMENT HIGHLIGHTS:

• 💵 Immediate income from 37 occupied units.
• 🔄 Flexibility with month-to-month leases.
• 🚀 Expansion potential with commercial and multifamily zoning.
• 📈 Long-term growth with minimal upfront cost.

CAP RATE AS IS: 6.5% (80% OCCUPANCY) CAP RATE:11%(RAISED RENTS 90% OCCUPANCY) CAP RATE 13%(RAISED RENTS 100% OCCUPANCY)

SKIP THE LINE AND CALL 915.318.2361 OR HIT BUY NOW TAB TO LOCK IT IN!