Discover a compelling investment opportunity, located in the highly desirable Foothills area. This well-positioned triplex is 100% occupied, providing immediate rental income from day one.The property features three spacious units, each offering 3 bedrooms, 2 bathrooms, and approximately 1,535 square feet of living space. Current rents are below market value, creating an attractive opportunity to increase income over time and strengthen the property's overall return.With full occupancy, generous unit layouts, and a sought-after Foothills location, this triplex offers an excellent combination of established cash flow and future income potential.
| MLS # | 2602398 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2001 |
| Days On Site | 42 |
| Listing Provided By | EXIT Realty Vista | Andrew J Palmer |
| Bed(s) | 9 |
|---|---|
| Bath(s) | 6 |
| SQ Feet | 4,604 |
| Units | 3 |
| Acreage | 0.25 |
| State | NM |
|---|---|
| County | Dona Ana |
| City | Las Cruces |
| Zip Code | 88011 |
| Area | Dona Ana |
| Subarea | 246 Foothills |
| Community Name | Diamante Hills |
| Listing VS Median (in Diamante Hills) | |
Price: $750,000 low | high Med: $750,000 sqft: 4,604 low | high Med: 4,604 $ / sqft: $163 low | high Med: $163 On site: 42 low | high Med: 42 | |
| State | NM |
|---|---|
| County | Dona Ana |
| City | Las Cruces |
| Zip Code | 88011 |
| Area | Dona Ana |
| Subarea | 246 Foothills |
| Community Name | Diamante Hills |
| Listing VS Median (in Diamante Hills) | |
Price: $750,000 low | high Med: $750,000 sqft: 4,604 low | high Med: 4,604 $ / sqft: $163 low | high Med: $163 On site: 42 low | high Med: 42 | |