1163 W Canal Road

    Hatch, NM 87937
    • $2,100,000
    • STATUS: Active
    • ON SITE: 16 days
    • MLS #: 1903124
    UPDATED: 57 min ago
    $2,100,000
    • 0
      BEDS
    • 1.68
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    N/A
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    This Class A property was constructed in 2010 and has been impeccably maintained by the original owner. Located just 40-minutes north of New Mexico's second-largest city, Las Cruces this 7,152 sq. ft assisted living center serves residents from all over Southern New Mexico and West Texas. The building sits on 1.68 +/- plus acres and is licensed for 20 residents and consists of 20 total beds. There are 10 private rooms and 5 shared rooms. Each room has its own bathroom and climate control. All rooms open into a central shared common area containing an approved commercial kitchen, living room, dining room, common bathroom, laundry room, administrative office and front and back porches. Rental rates are currently below market and can be raised to increase the return far beyond its current 10.65 cap rate,

    Monthly Payment Calculator

    © 2019 Southern New Mexico Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLIS or Steinborn & Associates Real Estate. Data last updated: 2019-11-17T12:14:30.35.
    www.viewlascruceshomes.com/homes/100437631

    1163 W Canal Road Hatch, NM 87937

    • Price: $2,100,000
    • Status: Active
    • Updated: 57 min ago
    • MLS #: 1903124
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.68
    Acres
    Neighborhood:
    N/A
    County:
    Dona Ana
    Area:
    401 - Hatch Area
    Property Description
    This Class A property was constructed in 2010 and has been impeccably maintained by the original owner. Located just 40-minutes north of New Mexico's second-largest city, Las Cruces this 7,152 sq. ft assisted living center serves residents from all over Southern New Mexico and West Texas. The building sits on 1.68 +/- plus acres and is licensed for 20 residents and consists of 20 total beds. There are 10 private rooms and 5 shared rooms. Each room has its own bathroom and climate control. All rooms open into a central shared common area containing an approved commercial kitchen, living room, dining room, common bathroom, laundry room, administrative office and front and back porches. Rental rates are currently below market and can be raised to increase the return far beyond its current 10.65 cap rate,
    Exterior Features

    Construction Steel FramingStucco Parking Capacity 15.00 Parking Type Parking AreaParking LotPaved Roof Shingle Walls Sheet Rock

    Interior Features

    Cooling Refrigerated Central Floors CarpetingCeramic TileConcrete Slab Heating Forced AirGas

    Property Features

    Building Info Other Assisted Living Facility Green Certified YN No Hoa YN No Land Status Land Included Miscellaneous Living Area In BuildingSecurity Lighting New Vs Resale Resale Owner Financing YN No Property Sub Type Commercial Reo Bank Owned YN No Sewer Unknown Short Sale YN No Type Of Business Professional Service Water Heater GasUtilities/Master Meter Will Sell CashSell Entirely

    Listing provided courtesy of Gary A Sandler of Gary Sandler Inc., Realtors: (575) 525-2400. All listing information was provided by Southern New Mexico Multiple Listing Service.
    © 2019 Southern New Mexico Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLIS or Steinborn & Associates Real Estate. Data last updated: 2019-11-17T12:14:30.35.
     
    Steinborn & Associates Real Estate
    Serving Your Real Estate Needs In Las Cruces
    NM,