New paintClean curb appealWalk in closetRecently installed guttersNew windowsUpdated led lighting
Located just blocks from NMSU, this fully renovated 10-unit apartment complex, comprised of 2 bedroom 2 bath units with walk in closet. Offering modern appeal and dependable rental performance. On the interior of the units, the kitchens, appliances, bathrooms, and flooring have been updated with contemporary finishes, while the exterior offers clean curb appeal with new paint, new windows, updated LED lighting, and recently installed gutters. In 2024, the property also received a new elastomeric roof coating. Plumbing and cooling updates include the replacement of water heaters and evaporative coolers. With a strong history of stable occupancy, steadily increasing rents and proximity to campus, shopping, and public transit, this turnkey investment stands out as a prime opportunity in one of Las Cruces' most desirable rental markets. Owner / Broker
109 days
|
122
|
6
|
Zillow last checked:
Listing updated:
Listed by:
Lauren C Lay575-640-6763,
BHGRE Steinborn & Associates575-522-3698,
Jeremiah Lay575-571-1075,
Steinborn/TCN Commercial RE
Source: SNMMLS as distributed by MLS GRID,MLS#: 2601191
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 20
Bathrooms: 20
Heating
Natural Gas Available, Forced Air
Cooling
Evaporative Cooling
Appliances
Included: Range, Refrigerator
Features
Flooring: Flooring Foundation: Slab
Interior area
Total structure area: 7,920
Total interior livable area: 7,920 sqft
Property
Parking
Parking features: Paved, On Street
Has uncovered spaces: Yes
Lot
Size: 0.43 Acres
Dimensions: .25 to .50 AC
Details
Parcel number: 4009136058443
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Frame, Stucco
Roof: Flat,Minimum Pitch
Condition
Good to Excellent
New construction: No
Year built: 1983
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Subdivision: University Hills Subdivision
HOA
Has HOA: No
Amenities included: On-Site Parking Lot
Location
Region: Las Cruces
Financial & listing details
Price per square foot: $164/sqft
Tax assessed value: $668,367
Annual tax amount: $6,748
Date on market: 4/15/2026
Listing terms: Cash,Conventional
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/17/2026
Listed for sale
$1,295,000$164/sqft
Source: SNMMLS as distributed by MLS GRID #2601191Report a problem
4/21/2026
Pending sale
$1,295,000$164/sqft
Source: SNMMLS as distributed by MLS GRID #2601191Report a problem
4/15/2026
Listed for sale
$1,295,000-7.2%$164/sqft
Source: SNMMLS as distributed by MLS GRID #2601191Report a problem
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.