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201 Three Crosses
Las Cruces, NM 88005
Ready To Go Apt./Condo Project · Land For Sale
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0.43 AC
INVESTMENT HIGHLIGHTS
- 6.82-Acres of Developable Land (Zoned for Multifamily)
- Easy Access to I-10, I-20 and US-70
- 225,000+ MSA Population
- High Visibility On Three Crosses Ave (11,000+ VPD)
- Room to Build 160 Additional Units
- Less than a Mile from the Newly Built Three Crosses Regional Hospital and within Walking Distance of HTeaO, Burger King, Albertson’s, and Whataburger
EXECUTIVE SUMMARY
The Multifamily Group is proud to offer 6.82-acres of prime developable land in the fast-growing city of Las Cruces, New Mexico. With submarket occupancy rates at a strong 97%, this presents a valuable investment opportunity, with the potential for a 160-unit development (see pages 7-8 for a detailed analysis). The land is available for purchase independently or alongside the neighboring Wyndchase Apartments.
Available for purchase separately or together with the Wyndchase Apartments.
Available for purchase separately or together with the Wyndchase Apartments.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 0.43 AC |
| Zoning | C-2/R-3 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.43 AC |
| Zoning | C-2/R-3 |
1 LOT AVAILABLE
Lot
| Lot Size | 0.43 AC |
| Lot Size | 0.43 AC |
SUBDIVISION TRES CRUCES (2305671) Lot: 1 S: 12 T:23S R: 1E
PROPERTY TAXES
| Parcel Number | 02-00676 | Improvements Assessment | $430,052 CAD |
| Land Assessment | $18,471 CAD | Total Assessment | $448,524 CAD |
PROPERTY TAXES
Parcel Number
02-00676
Land Assessment
$18,471 CAD
Improvements Assessment
$430,052 CAD
Total Assessment
$448,524 CAD
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