Address
1550 W Picacho Avenue, Las Cruces, NM
Price
$ 1,300,000
Property Attributes
  • MLS#2301699
  • TypePending
  • CountyDONA ANA
  • CityLas Cruces
  • Area119 - Alameda
  • Zip88004
  • StyleMobile Home Park
  • Price$ 1,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.87 Acres
Data Source:
Las Cruces Association of REALTORS®
Property Description

Profitable mobile home park with 29 lots and two commercial buildings. High occupancy rates and strong rental demand ensure a reliable income stream. Versatile site-built home offers excellent income potential. Prime location near amenities and growing market. Act now to capitalize on this lucrative investment opportunity! Contact us today! This is a duplicate listing, listed as Commercial property L#2301696.

Price History
7/3/2023 Listed $2,499,999
8/8/2023 24% - $1,900,000
1/3/2024 22% - $1,499,999
1/29/2024 14% - $1,300,000

General Features

Sewer Unknown
Construction Materials Frame
Year Built 1960
Property SubType Mobile Home Park
County Dona Ana
Property Type Residential Income
HOA / Comm Assn No
Contingency Pending Continue to Show
Subdivision Name N/A
Status Pending Continue to Show
Directions On Picacho south of Valley Drive.
City Las Cruces
Buyer Agent Compensation 2.5
NumberOfUnitsTotal 29
Lot Size Square Feet 81672
MLS Area Minor 119 - Alameda
Standard Status Pending

Exterior Features

Fencing Chain Link
Parking Features Street Parking
Water Source Unknown - Verify
Lot Dimensions 1.51 to 2 AC
Lot Size Acres 1.87

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 88004

Price
AVG $1.3M
$1.3M
Visits
AVG 46
47
Data Provided by Inside Real Estate®
Year Built
AVG 1960
1960
Walkscore
AVG 48
48
Data Provided by Walkscore® not using MLS data

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