Contacts
New Mexico Apartment Advisors
Property Details
- Property Type Multi-Family
- Property Size 4,204 SF
- Units 8
- Lot Size 0.28 Acre
- Cap Rate % 6.7
- Year Built 1984
- Date Updated Jan 23, 2025
Welcome to 2432 La Fonda - an updated and solid two-story 8-plex on a large, corner lot in a quiet area. Seven updated, 483 SF 1-bed / 1-bath apartments with a large owner's unit (which includes a 2 car garage and a large private yard space). Recent modernization efforts include new master cools with new furnaces, new water heaters, and quality updates in each apartment, including: ceiling fans, modern light Þxtures, and new plumbing Þxtures. Exterior upgrades include updated landscaping, fresh exterior paint, a fenced in deck for units #1 and #2, and a recently seal-coated & striped parking lot, offering plenty of parking sfor all residents and guests. Excellent and convenient central location close to I-25, Lynn Community Middle School, shopping, and entertainment.
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Las Cruces, NM
- Zip Code 88001
- Market Albuquerque
Points of Interest
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Circle K
0.42 miles
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Fina
0.54 miles
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Speedway
0.78 miles
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Shell
0.84 miles
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Alon
1.11 miles
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Valero
1.13 miles
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Tesla Supercharger
3.96 miles
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Lot 30
1.32 miles
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Lot 35
1.55 miles
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Handicap Parking
1.57 miles
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Metered Parking
1.57 miles
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Faculty/Staff Parking
1.60 miles
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Clinton Anderson Hall Guest Parking
1.74 miles
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Sunset Parking Lot
2.29 miles
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Altura Parking Lot
2.81 miles
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Hotel Encanto de Las Cruces
0.71 miles
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Hampton
0.97 miles
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WoodSpring Suites
1.01 miles
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Hilton Garden Inn
1.11 miles
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Comfort Suites
1.13 miles
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Sleep Inn
1.14 miles
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Bruce Motel
1.87 miles
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Kilby Motel
1.89 miles
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Super 8
1.90 miles
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Ramada Palms
1.92 miles
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JCPenney
0.41 miles
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Mesilla Valley Mall
0.52 miles
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Sprouts Farmers Market
0.61 miles
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Big Lots
0.62 miles
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Sears
0.63 miles
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Walmart Supercenter
0.82 miles
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Ross
0.91 miles
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Marshalls
0.92 miles
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Lowes Foods
0.95 miles
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Albertsons
0.97 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
New Mexico Apartment Advisors