- For Sale $1,040,000
- Property Type Multi-Family
- Property Size 5,170 SF
- Units 10
- Lot Size 0.7 Acre
- Cap Rate % 6.51
- Year Built 1958
- Date Updated Jan 17, 2025
On behalf of the Owner, NM Apartment Advisors, Deacon Property Services, and PMI of New Mexico are excited to bring to the market this Las Cruces 10-plex.
Discover this totally renovated community featuring ten stylish 1-bedroom, 1-bathroom apartments located just minutes from downtown Las Cruces.
Smart and efÞcient floor plans are highlighted by contemporary design features that offer comfort and energy efÞciency, including: quality mechanical systems, double pane vinyl windows, upgraded security features, durable vinyl plank flooring, newer appliances, updated Þxtures, and a fresh two tone paint scheme throughout.
Recent total exterior rehab showcases the property’s tremendous curb appeal and inviting communal courtyard. Eye-catching 2 color elastomeric paint compliments the modern aesthetic, while residents love the new private backyard spaces, ample off street parking, new LED exterior lighting, and quality xeric landscaping.
Prime location with exceptional walkability to downtown, as well as quick and easy access to I-25, NMSU, and great shopping. This unique, updated complex boasts a near-turn key opportunity with a solid return straight away. It’s the rare core asset the next lucky owner can enjoy for years to come with little to no headaches.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
-
Walk Score ®
77/100
Very Walkable
-
Bike Score ®
64/100
Bikeable
- City Las Cruces, NM
- Zip Code 88005
- Market Albuquerque
Points of Interest
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K Mart
0.36 miles
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Marathon
0.57 miles
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Alon
0.89 miles
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Brewer Fleet Vehicle Fueling
0.90 miles
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Valero
1.06 miles
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Chevron
1.12 miles
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One Stop
1.50 miles
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Tesla Supercharger
2.28 miles
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Visitor Side Parking
1.50 miles
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Handicaped Parking
1.57 miles
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Football Booster, Players, and Trainers Parking
1.61 miles
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Reserved Parking
1.63 miles
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Reserved parking
1.64 miles
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Home Side Parking
1.70 miles
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Cheer, Pom, Band Parking
1.72 miles
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La Posta Overflow Parking
3.03 miles
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Faculty/Staff Parking
3.05 miles
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Century 21 Motel
0.88 miles
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A Day's End Lodge
0.94 miles
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Bruce Motel
1.12 miles
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Kilby Motel
1.20 miles
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Desert Oasis Inn
1.21 miles
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Imperial Sky Motel
1.33 miles
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Desert Lodge Motel
1.46 miles
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Western Inn
1.51 miles
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The Big Chile Inn
1.51 miles
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Town House Motel
1.54 miles
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Taste of India
0.15 miles
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A Bite of Belgium
0.16 miles
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Smokey Burgers
0.48 miles
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Zeffiro's Pizzeria Napoletana
0.55 miles
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Mountain View Market Kitchen
0.62 miles
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Sonic
0.67 miles
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Burger Time
0.68 miles
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My Brother's Place
0.74 miles
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Burger King
0.74 miles
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Carrillo's Cafe
0.75 miles
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Alameda Elementary School
0.32 miles
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Court Youth Center
0.38 miles
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Holy Cross School
0.47 miles
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Central Elementary School
0.53 miles
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Booker T. Washington Elementary School
0.54 miles
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Las Cruces Academy
0.67 miles
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MacArthur Elementary School
0.77 miles
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Los Montoñas Charter High School
0.81 miles
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Bradley School
0.91 miles
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Loma Heights Elementary School
1.25 miles
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The Children's Garden
1.30 miles
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Discovery Child Development
2.00 miles
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Children's Learning Adventure
2.56 miles
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Myrna's Children's Village
3.69 miles
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Noah's Ark Learning Center
6.79 miles
Frequently Asked Questions
The space currently listed for sale at 199 Willoughby asks for $1,040,000.
199 Willoughby totals 5,170 square feet.
199 Willoughby was built in 1958.
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New Mexico Apartment Advisors
