NOT LISTED FOR SALE

1040 N Mesilla St Unit 1-7 Las Cruces, NM 88005

Alameda Depot Neighborhood
-- Bed
7 Baths
4,640 Sq Ft
0.47 Acres

Last Sold March 04, 2019

121 Days on Market

Highlights

  • 0.47 Acre Lot
  • Baseboard Heating
  • 4-minute walk to Lions Park
  • No HOA
  • Evaporated cooling system

About This Home

As of March 2019

PRIDE OF OWNERSHIP - This family-owned 7-unit complex near downtown Las Cruces has been impeccably maintained inside & out. With seldom a vacancy, the complex generates over $45,000 in gross income annually, Plenty of on-site parking including individual enclosed carports. Additional amenities include separate meters, individual heat & air, an onsite coin-op laundry, upgraded flooring, and no deferred maintenance. Add in an 8.1% cap rate & you have an investment that's hard to beat.

Last Agent to Sell the Property

Gary Sandler

Gary Sandler Inc., Realtors License #15204 Listed on: 10/26/2018

Last Buyer's Agent

Rhonda Skaggs

Gary Sandler Inc., Realtors License #REC-2025-0677

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.47 Acre Lot
  • Back Yard Fenced

Home Design

  • Frame Construction
  • Pitched Roof
  • Foam Roof
  • Stucco

Parking

  • Carport
  • On-Street Parking

Utilities

  • Evaporated cooling system
  • Baseboard Heating

Additional Features

  • Oven or Range
  • 7 Bathrooms

Community Details

  • No Home Owners Association
  • 7 Units
  • Hess Teracce Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4-006-134-385-513

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Apartment Complex
  • Property Type: Residential Income
  • Year Built: 1960
  • Co List Office Mls Id: LCNGSI
  • Subdivision Name: Hess Teracce
  • Directions: From Picacho Avenue, go N. on Mesilla Street to PIQ
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator

Exterior Features

  • Roof: Foam, Pitched
  • Acres: 0.47
  • Construction Type: Block, Frame, Stucco

Garage/Parking

  • Parking Features: Carport, Street Parking

Utilities

  • Heating: Baseboard, Electric
  • Cooling: Evaporative Central
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 4-006-134-385-513
  • Fencing: Back Yard, Block, Side, Wood
  • Lot Dimensions: .25 to .50 AC
  • Lot Size Sq Ft: 20473

Multi Family

  • Number Of Units Total: 7

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2023 12/24/23 Off Market -- -- --
03/05/2021 03/05/21 Off Market -- -- --
03/05/2019 03/05/19 Off Market -- -- --
03/04/2019 03/04/19 Sold -- -- --
02/24/2019 02/24/19 Pending -- -- --
10/26/2018 10/26/18 For Sale $339,900 -- $73 / Sq Ft
Source: Southern New Mexico MLS (Las Cruces Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gary Sandler

    Seller's Agent in 2019

    Gary Sandler

    Gary Sandler Inc., Realtors

    (575) 642-0032

    5 in this area

    92 Total Sales

    Gary Sandler
    Section Image

  • R

    Buyer's Agent in 2019

    Rhonda Skaggs

    Gary Sandler Inc., Realtors

See All Agents

Map

Source: Southern New Mexico MLS (Las Cruces Association of REALTORS®)

MLS Number: 1807997

Southern New Mexico MLS (Las Cruces Association of REALTORS®)

APN: 02-01498

New Mexico Dona Ana County Las Cruces 88005 Alameda Depot

1040 N Mesilla St Unit 1-7, Las Cruces, NM

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern New Mexico MLS (Las Cruces Association of REALTORS®) The information provided is 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. Listing information is deemed reliable, but not guaranteed.

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