2432 La Fonda Circle, Las Cruces NM 88001

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$687,414

2432 La Fonda Circle, Las Cruces, NM 88001

bedrooms

bathrooms

square feet

Acreage

0.28

Open Houses

year built

1984

Full Baths

Half Baths

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This updated two story 8-plex is a must see!! Situated off one of Las Cruces' busiest streets, Missouri Ave., it offers seven nicely situated, 1-bed & 1-bath, units at approximately 483 sq/ft and 1 unit being approximately 823 sq/ft. Half of the units are located downstairs and the other half upstairs. The larger unit, #1, also has a 2-car garage that accompanies it that can be kept as a garage space for this unit or turned into individual storage rooms, a laundry room, or even another unit. This larger unit also boasts a private cedar fenced in yard in the rear, making it a perfect space for grilling, relaxing, or letting pets run around in. Measures of investment performance at list price of $687114 and with average rent of $751 include GRM of 9.53, Cap rate of 6.44%

Location
Subdivision	Desert Willow Estates Subdivision
County	Dona Ana
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 1069161

Listing agent: Todd D Clarke #13711

Listing broker: Nm Apartment Advisors Inc. (505) 440-8633

Last update: Wednesday, January 1 2025 at 3:30 a.m. EST

Kotohomes National