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Map
$671,260
●
Townhouse -
For Sale
1404 Montana Avenue #D
Las Cruces, NM 88001
1 Bed
0 Bath
3275 Sqft
$3,547
Estimated Monthly
About This Property
This stunning 6-plex, nicknamed ''The Tall Pines'', due to the
remarkable large pine trees that encapsulate this property, is a
must see. Designed in a horseshoe/U pattern, it allows for a
shared common area which residents love to take advantage of.
Easy to find and situated off S. Solano, between Idaho and
Boutz, this revitalized 6-unit property is just 1 mile from NMSU
and 2 miles from downtown, offering ease of travel for anyone
attending NMSU or someone wanting to take advantage of the amazing
eateries and breweries located downtown. Measures of
investment performance at list price of $671,260 and with average
rent of $787 include GRM of 11.85, Before Reserves Cap rate of
5.70% and after tax IRR of 10.50%.
The manager has listed the unit size as 3275 square feet.
The manager has listed the unit size as 3275 square feet.
Unit Size
3,275Ft²
Days on Market
103 days
Land Size
0.20 acres
Price per sqft
$205
Property Type
Townhouse
Property Taxes
$251
HOA Dues
-
Year Built
-
Listed By
Last updated: 9 days ago (GAARNM #1057908)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 28, 2024 | Listed by NM Apartment Advisors Inc. | $671,260 | |
Listed by NM Apartment Advisors Inc. |
Property Highlights
Air Conditioning
Exterior Details
Exterior Information
Block
Stucco
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
1404 Montana Avenue
1404 Montana Avenue, Las Cruces, NM 88001
- 1 Unit for Sale