Description
Rare opportunity to own such a well-located and unique apartment compound so close to NMSU. 13 ground floor apartments with plenty of individual parking right near each unit's front door, residents love the added privacy and security of patio home style living.More than 1/2 the apartments have been renovated in the last 2 years, offering the next owner a clear pathway to easy further value add measures or a stabilized and well-maintained core asset. Equally, several significant but optional value add opportunities remain for the next owner, including creating additional common area amenities, adding a casita-style unit to the compound, updating each unit with additional amenities, or renovating the 3 bedroom 2 bathroom main house for optimal performance.
-
0BEDS
-
1.01ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
Rare opportunity to own such a well-located and unique apartment compound so close to NMSU. 13 ground floor apartments with plenty of individual parking right near each unit's front door, residents love the added privacy and security of patio home style living.More than 1/2 the apartments have been renovated in the last 2 years, offering the next owner a clear pathway to easy further value add measures or a stabilized and well-maintained core asset. Equally, several significant but optional value add opportunities remain for the next owner, including creating additional common area amenities, adding a casita-style unit to the compound, updating each unit with additional amenities, or renovating the 3 bedroom 2 bathroom main house for optimal performance.
© 2024 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 Better Homes and Gardens Real Estate - Steinborn & Associates. Data last updated: 2024-10-07T23:14:19.997.