1235 E Hernandez Road Las Cruces, NM 88001

Investor opportunity in central Las Cruces, priced at just $299,500that's under $60K per unit and only $115/sqft for the building! This 5-unit multifamily property offers 60 feet of street frontage, easy access to the main road, and a minimum 6-car parking area. Totaling 2,590 sqft on an 8,712 sqft lot ($34/sqft land value), the layout includes four 2 bed/1 bath units and one 1 bed/1 bath unit. Constructed with durable brick exterior walls, concrete slab foundation, and equipped with city sewer, water, electric. In addition, the gas utilities can be billed to each unit. All units feature tile floors throughout every room. Property is in fair condition and ready for improvements, making it ideal for value-add investors. Located in the Loma Heights neighborhood near Apodaca Park, schools, shops, dining, and key thoroughfares. This area supports strong rental demand and long-term growth. Don't miss out on this opportunity priced to sell, act fast!