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2432 La Fonda Circle

Las Cruces, NM 88001

1 bed
1 bath
– sqft
12,283 sqft lot
1984 build
– on site

This updated two story 8-plex is a must see!! Situated off one of Las Cruces' busiest streets, Missouri Ave., it offers seven nicely situated, 1-bed & 1-bath, units at approximately 483 sq/ft and 1 unit being approximately 823 sq/ft. Half of the units are located downstairs and the other half upstairs. The larger unit, #1, also has a 2-car garage that accompanies it that can be kept as a garage space for this unit or turned into individual storage rooms, a laundry room, or even another unit. This larger unit also boasts a private cedar fenced in yard in the rear, making it a perfect space for grilling, relaxing, or letting pets run around in. Measures of investment performance at list price of $737,114 and with average rent of $751 include GRM of 10.22, Cap rate of 6.24%

Listing courtesy of SWMLS / NM Apartment Advisors, Inc.

Last checked: Checking… • Last updated Dec 17, 2024 •

MLS# 1069161 —

The Building

Year Built:

1984
Builder Name:

Unknown
New Construction:

false
Construction Materials:

Frame
Stories:

2
Levels:

Two
Basement:

false
Exterior Features:

Landscaping

Interior

Flooring:

Carpet,Tile,Vinyl

Location

Directions:

From East Lohman and S. Trivitz south to East Idaho, west to La Fonda, south to property.
Latitude:

32.303464
Longitude:

-106.745619

The Property

Parcel Number:

0213999
Property Type:

ResidentialIncome
Property Subtype:

MultiFamily
Property Condition:

Resale
Zoning Description:

R-2
Lot Size Acres:

0.28
Lot Dimensions Source:

PublicRecords
Lot Size SqFt:

12283.92
Lot Size Source:

PublicRecords
Additional Parcels:

true

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

2932.32
Tax Legal Description:

SUBD: DESERT WILLOW ESTATES SUBDIVISION 851 LOT: 3 S: 16 T: 23S R: 2E

Beds

Bedrooms Total:

1

Baths

Total Baths:

1

Heating & Cooling

Heating:

Central,ForcedAir
Heating:

true
Cooling:

EvaporativeCooling
Cooling:

true

Utilities

Utilities:

ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Green Energy Generation:

None

Appliances

Appliances:

Refrigerator

The Community

Subdivision Name:

DESERT WILLOW ESTATES SUBDIVISION

Parking

Parking Total:

10.0

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/15/24 Dec 15, 2024	Listed / Active	SWMLS	$737,414

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This multifamily located in East Side Las Cruces, Las Cruces, NM 88001 is currently for sale for $737,414. 2432 La Fonda Circle is a – square foot multifamily with 1 bed and 1 bath that has been on Estately for 7 days. 2432 La Fonda Circle is in the East Side Las Cruces neighborhood of Las Cruces and has a WalkScore® of 43, making it car-dependent. This multifamily is in the attendance area of Conlee Elementary School, Lynn Middle School, and Centennial High School.

Listing Courtesy of: SWMLS and NM Apartment Advisors, Inc..

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.