8 Unit Mixed-use property, USA, Las Cruces, New Mexico, Lofty
Property Type : Mixed Use
Condition : Active
Price per Token : $68.00
Return Cash (exp) ? : 22.70%
Return IRR (exp) ? : 24.70%
Minimum Investment : 1 Token
Total Property Size : 4208 sqft
Total Property Value ? : $761,450

 

8 Unit Mixed-use property with 7 residential units and 1 retail unit in Las Cruces, New Mexico


This property, reminiscent of a 1950s Route 66-style motel, offers a prime location in the College Subdivision, with proximity to Conlee Elementary, Lynn Middle, and Centennial High School.
It is zoned C-2, allowing for various residential and commercial uses. The property has a walk score of 75, making it very walkable, and a bike score of 70, indicating it is very bikeable.
The surrounding area offers a variety of attractions and amenities. Outdoor enthusiasts can explore the Organ Mountains-Desert Peaks National Monument and White Sands National Park. The vibrant local culture includes the Las Cruces Farmers & Crafts Market, historic Mesilla, and the Chile Pepper Institute at New Mexico State University. La Llorona Park and the Zuhl Museum provide opportunities for relaxation and educational experiences

 

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