2306 S Espina Street, Las Cruces, NM 88001

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2306 S Espina Street,Las Cruces, NM 88001
$4,850,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:jeremiah
Office:steinborn/tcn commercial re
MLS#:2501488
Source:NM_LCAR

Price summary

  • Price:$4,850,000

About this home

Prime Investment Opportunity - 43-Unit Apartment Complex Near NMSU.Unlock the potential of this 43-unit multifamily complex ideally located just three blocks from New Mexico State University. With a well-balanced unit mix of 24 one-bedroom and 19 two-bedroom units, the property is tailored to meet a strong demand from students, faculty, and local professionals alike. Tenants enjoy ample on-site parking, a convenient laundry facility, and quick access to campus, retail, dining, and public transit. The layout and location make this asset an attractive, income-generating opportunity with long-term upside in one of the city's most in-demand rental corridors.

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Home facts

  • Year built:1994
  • Listing Id #:2501488
  • Added:61 day(s) ago
  • Updated:August 10, 2025 at 02:51 PM

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Pitched, Shingle
  • Year built:1994
  • Lot area:1.52 Acres

Finances and disclosures

  • Price:$4,850,000