506 E May Avenue,Las Cruces, NM 88001
Las Cruces, NM 88001
Description
JUST LISTED!PRIME DOWNTOWN LAS CRUCES, NM INVESTMENT OPPORTUNITY. NEWLY REMODELED.Unlock the kind of potential investors chase but rarely find. This mixed-use gem sits just steps from the vibrant, fast-growing heart of Downtown Las Cruces, surrounded by thriving restaurants, breweries, boutiques, and year-round foot traffic.Property features include: One 3-bedroom rental unit, perfect for strong long-term cash flow Five 1-bedroom, 1-bath apartments, high-demand, low-vacancy, and always rentable A+ location in a revitalized corridor Endless upside with value-add improvements, short-term rental options, or re-imagined urban living spacesWhether you're a seasoned investor or looking to expand your portfolio with a downtown property that actually performs, this is the moment. Opportunities in this location do not sit long. High demand. High visibility. This is the one worth moving on. Let's make it yours.Purchase subject to existing leases on all 6 units.
Details
| MLS # | 2503612 |
|---|---|
| Listing Type | For Lease |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 283 |
| Listing Provided By | Berkshire Hathaway Homeservices - NM Properties | Terriane M Everhart |
Features
| Story(s) | 1 |
|---|---|
| Units | 6 |
| Acreage | 0.39 |
Area Information
| State | NM |
|---|---|
| County | Dona Ana |
| City | Las Cruces |
| Zip Code | 88001 |
| Area | Dona Ana |
| Subarea | 999 Other |
| Community Name | Las Cruces Heights |
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Learn More About This Property
| State | NM |
|---|---|
| County | Dona Ana |
| City | Las Cruces |
| Zip Code | 88001 |
| Area | Dona Ana |
| Subarea | 999 Other |
| Community Name | Las Cruces Heights |
