950 Mormon Drive

Estimated Monthly Payment: $1,778/mo 950 Mormon Drive, Las Cruces, NM 88011 MLS# 1900793 Commercial/Industrial Listing Status: Pending
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REMARKS:

Telshor area apartments tend to embrace success and certainly represent an opportunity to invest in a highly desired corridor of the community. This is an opportunity to improve a complex that already has a solid rental history and occupancy level and develop it even further. A review of area housing statistics would indicate that these units are already seeing above average rents. They offer amenities such as refrigerated air in every unit, surface level parking, along with an attractive central court yard and back patio space if a tenant desires this. They definitely give a tenant a sense of personalized space and the ability to entertain in the form of small get together outings. The location is further amplified by being in immediate proximity to Executive Hills Drive and Majestic Ridge which offers above average housing options within the community. Numerous evening and early morning outdoor activity options apply that are highly desired and above average for the local community. The ownership has in

OVERVIEW:

Commercial/Industrial
Commercial
Pending
230 - Telshor Area
Majestic Hills Subdivision
Brick
16117
0.37
.25 to .50 AC
Paved, 12.00 spaces
Gas
Refrigerated Central
Unknown

FEATURES:

Carpeting

FINANCIAL:

$390,000

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Grady Oxford, Steinborn & Associates

 

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