College St. and Newberry Apartments

Multi-Family for Sale
Catylist Listing ID: 30533053
Property Subtypes: Duplex/Fourplex, Other
Number of Units: 7 Units
Building Size (RSF): 6,778 SF
Gross Building Area: See Agent
Sale Price: $439,700
Unit Price: $62,814.29 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 6.5%
Last Updated: 3/23/2020

Overview / Comments

• One 4-Plex
• 6 Houses
• All units 2 bedroom and 1 bath
• Recently remodeled (all new flooring, appliances, light fixtures, kitchen, roof and bathroom cabinets)
• Evaporative coolers
• 4-Plex- Electric heat
• 6 Houses- Gas heat
• 0.4 mile to NMSU

One 4-plex and six houses near New Mexico State University, New Mexico's only land grant university.

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana
Tax ID/APN: 4008136358485
Number of Stories: 2
Year Renovated: 2018
Laundry: Shared
Heat Type: Electricity

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,442 66,254 103,038
Median Age: 26.32 33.59 34.95
Households: 7,383 26,809 41,366


Photograph of Listing Agent

Randy McMillan

NAI 1st Valley Realty CARNM CIE Member
Photograph of Listing Agent

Stephanie Maddox

NAI 1st Valley Realty CARNM CIE Member
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