201 Three Crosses Ave | Las Cruces, NM 88005
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201 Three Crosses Ave
Las Cruces, NM 88005
Assumable Agency Debt · Residential Property For Sale · 39 Units
Investment Highlights
- - Assumable Fannie Mae Debt- 30 yr am, 10 yr term, 5.79% interest rate, 3.6MM loan balance with an 1% assumption fee
- - New Three Crosses Regional Hospital can be found less than a mile from subject property
- - Property consists of granite countertops and tile flooring throughout
- - Units are spacious with average unit size of 1,146 SF
- - Las Cruces is second largest city in New Mexico with a population of over 106,000
- - Units are individually metered for electricity and gas
PROPERTY FACTS
| No. Units | 39 | Lot Size | 0.43 AC |
| Property Type | Residential | Building Size | 44,685 SF |
| Property Subtype | Apartment | Average Occupancy | 97% |
| Apartment Style | Garden | Number of Floors | 3 |
| Building Class | B | Year Built | 2014 |
| No. Units | 39 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.43 AC |
| Building Size | 44,685 SF |
| Average Occupancy | 97% |
| Number of Floors | 3 |
| Year Built | 2014 |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+2 | 24 | £954.00 | 1,035 |
| 3+3 | 15 | £1,037 | 1,323 |
PROPERTY TAXES
| Parcel Number | 02-00676 | Improvements Assessment | £224,925 |
| Land Assessment | £9,770 | Total Assessment | £234,696 |
PROPERTY TAXES
Parcel Number
02-00676
Land Assessment
£9,770
Improvements Assessment
£224,925
Total Assessment
£234,696
zoning
| Zoning Code | C2 |
| C2 |
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