1404 Montana Avenue, Las Cruces, NM 88001
1|Townhouse
INR ₹56,060,839
USD $671,260
Published on: 29 Feb 2024
Last updated on: 13 Jun 2024
Property ID: 110090365383
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Multi Family - Las Cruces, NM
1404 Montana Avenue, Las Cruces, NM 88001
This stunning 6-plex, nicknamed ''The Tall Pines'', due to the remarkable large pine trees that encapsulate this property, is a must see. Designed in a horseshoe/U pattern, it allows for a shared common area which residents love to take advantage of. Easy to find and situated off S. Solano, between Idaho and Boutz, this revitalized 6-unit property is just 1 mile from NMSU and 2 miles from downtown, offering ease of travel for anyone attending NMSU or someone wanting to take advantage of the amazing eateries and breweries located downtown. Measures of investment performance at list price of $671,260 and with average rent of $787 include GRM of 11.85, Before Reserves Cap rate of 5.70% and after tax IRR of 10.50%.
Property Details
Basic Info
Indoor Feature
Outdoor Feature
Basic Info
Property Type
Townhouse
Listing Status
Active
Land Size
8,712.01 sq ft
Building Size
3,275.00 sq ft
Year Built
1949
Rooms
1 bedroom(s)
Architecture Style
Other
Building Unit Count
6
Num Floors
1
County
Dona Ana
Parcel ID
0212060
Provider
NM Apartment Advisors Inc.
Subdivision
Subd: C L Andrews Lot: 1 S: 20 T: 23s R: 2e Inst #
Brokerage Office Name
NM Apartment Advisors Inc.
Brokerage Office Phone
(505) 440-8633
Address
1404 Montana Avenue, Las Cruces, NM 88001
Floorplans and tours
3D Tour
Nearby Schools
| Type | School name | District name |
|---|---|---|
| Elementary | Not available | Not available |
| High | Not available | Not available |
| Juniorhigh | Not available | Not available |
| Middle | Not available | Not available |
Contact Agent
Todd Clarke
Contact Agent
Contact Agent
Email enquiry to NM Apartment Advisors, Inc.
Todd Clarke
524 Central Ave. SW, Albuquerque, NM 87102
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Property ID: 110090365383
Data provided by NM Apartment Advisors Inc., MLS #: 1057908
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