1404 E. Montana Ave

1404 E. Montana Ave, Las Cruces, NM 88001

  • For Sale $671,260
  • Property Type Multi-Family
  • Property Size 3,275 SF
  • Units 6
  • Lot Size 0.2 Acre
  • Cap Rate % 5.5
  • Additional Rent Contact for pricing
  • Date Updated Oct 25, 2024

This stunning 6-plex, nicknamed "The Tall Pines", due to the remarkable large pine trees that encapsulate this property, is a must see. Designed in a horseshoe/U pattern, it allows for a shared

common area which residents love to take advantage of. Easy to Þnd and situated off S. Solano,

between Idaho and Boutz, this revitalized 6-unit property is just 1 mile from NMSU and 2 miles from

downtown, offering ease of travel for anyone attending NMSU or someone wanting to take advantage of the amazing eateries and breweries located downtown.

Many improvements have been completed making it stand out amongst the competition. Moving

away from outdated carpet, each unit is situated with vinyl plank and tile flooring making cleaning

and maintenance a breeze. New vinyl windows not only aid in keeping the dust out, but it also gives

it that modern appearance people are looking for while aiding in energy efÞciency. These white

vinyl windows really stand out due to the fresh exterior and interior paint completed throughout the

property. Additionally, these all-electric units have had the electric service upgraded on each unit

allowing the way for a new Owner to upgrade to refrigerated air. Topping off these improvements

with ceiling fans, modernized Þxtures, and updated heat sources truly brings these units to a level

which makes them more desirable by prospective tenants.

In a growing and expanding market like Las Cruces, where there continues to be a shortage of

housing units, this property meets many needs. Keep and rent as is, furnish a few, offer the units to

government assistance programs, or expand on the value-add potential and escalate rents. Whichever avenue you choose to pursue, the opportunity awaits to capitalize on a strong rental market

that keeps improving, while offering quality housing to the great people of Las Cruces. 

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Todd Clarke Is this you?

New Mexico Apartment Advisors

Location

Getting Around

  • Walk Score ®

    71/100 Very Walkable
  • Bike Score ®

    67/100 Bikeable
Powered by Walk Score ®
  • City Las Cruces, NM
  • Zip Code 88001
  • Market Albuquerque

Points of Interest

  • Shell

    0.22 miles

  • Circle K

    0.71 miles

  • Sunoco

    0.76 miles

  • Valero

    0.90 miles

  • Alon

    0.92 miles

  • Speedway

    1.00 miles

  • Brewer

    1.13 miles

  • Fina

    1.30 miles

  • Tesla Supercharger

    3.13 miles

  • Faculty/Staff Parking

    1.17 miles

  • Handicap Parking

    1.19 miles

  • Metered Parking

    1.20 miles

  • Clinton Anderson Hall Guest Parking

    1.29 miles

  • Lot 30

    1.41 miles

  • Lot 35

    1.53 miles

  • La Posta Overflow Parking

    2.57 miles

  • La Posta Parking

    2.60 miles

  • Super 8

    1.04 miles

  • Best Western Mission Inn

    1.08 miles

  • Motel 6

    1.08 miles

  • Ramada Palms

    1.09 miles

  • Sands Motel

    1.11 miles

  • Kilby Motel

    1.12 miles

  • Comfort Inn

    1.12 miles

  • Bruce Motel

    1.12 miles

  • Holiday Inn Express Hotel & Suites

    1.14 miles

  • WoodSpring Suites

    1.21 miles

  • India Hut

    0.07 miles

  • El Taco Mexicano

    0.09 miles

  • Papa John's

    0.14 miles

  • Wingstop

    0.17 miles

  • RoadRunner Pizza

    0.17 miles

  • Mi Pueblito

    0.24 miles

  • Habañero's FreshMex

    0.26 miles

  • Little Caesars

    0.51 miles

  • Pizza Hut

    0.51 miles

  • Sonic

    0.53 miles

  • Conlee Elementary School

    0.50 miles

  • Valley View Elementary School

    0.57 miles

  • University Hills Elementary School

    0.67 miles

  • Las Cruces High School

    0.68 miles

  • Lynn Middle School

    0.69 miles

  • Hermosa Heights Elementary School

    1.03 miles

  • Bradley School

    1.06 miles

  • Los Montoñas Charter High School

    1.21 miles

  • New Mexico State University

    1.30 miles

  • Las Cruces Academy

    1.37 miles

  • Discovery Child Development

    0.83 miles

  • Children's Learning Adventure

    0.84 miles

  • Myrna's Children's Village

    1.82 miles

  • The Children's Garden

    1.87 miles

  • Noah's Ark Learning Center

    7.25 miles

Frequently Asked Questions

How much does 1404 E. Montana Ave cost?

The space currently listed for sale at 1404 E. Montana Ave asks for $671,260.

What is the total square footage of 1404 E. Montana Ave?

1404 E. Montana Ave totals 3,275 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Todd Clarke Is this you?

New Mexico Apartment Advisors