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Listing Details

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School Ratings & Info

Description

This property is reminiscent of a 1950's Route 66-type motor court. With a bit of work & a little vision it can be restored to its former glory. Currently configured with one retail space & 7 one bedroom apartments + an annual billboard lease, it is capable of generating excellent income with minimal expenses. Some units already demoed & ready for rehab - some ready to occupy. This can be a money-making project for the right person. Duplicate of L#2102594

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© 2021 Southern New Mexico Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLIS or Agave Real Estate Group - Keller Williams Realty. Data last updated: 2021-09-20T21:14:28.903.
www.mylascruceshomefinder.com/homes/120465969
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1317 S Solano Drive Las Cruces, NM 88001

  • Price: $314,900
  • Status: Active
  • Updated: 31 min ago
  • MLS #: 2102595
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Beds
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Baths
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½ Baths
0.44
Acres
Neighborhood:
College Subdivision
County:
Dona Ana
Area:
328 - Valley View
Property Description
This property is reminiscent of a 1950's Route 66-type motor court. With a bit of work & a little vision it can be restored to its former glory. Currently configured with one retail space & 7 one bedroom apartments + an annual billboard lease, it is capable of generating excellent income with minimal expenses. Some units already demoed & ready for rehab - some ready to occupy. This can be a money-making project for the right person. Duplicate of L#2102594
Exterior Features

Construction Block Parking Capacity 10.00 Parking Type Parking AreaParking LotPaved Walls Sheet Rock

Interior Features

Ceiling Height 8 - 10 Ft Cooling Evaporative Central Floors Ceramic TileConcrete Slab Heating GasPanel

Property Features

Building Info Other 7 One Bedroom Apartments Building Info Retail One Retail Space Green Certified YN No Hoa YN No Land Status Land Included New Vs Resale Resale Owner Financing YN No Property Sub Type Commercial Reo Bank Owned YN No Road Frontage City Street Sewer Unknown Short Sale YN No Tenant Pays ElectricityGas Type Of Business Hotel/MotelRetail Utilities Available City SewerCity WaterElectricGasTelephone Will Sell CashExchange

Listing provided courtesy of Gary A Sandler of Gary Sandler Inc., Realtors: (575) 525-2400. All listing information was provided by Southern New Mexico Multiple Listing Service.
© 2021 Southern New Mexico Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLIS or Agave Real Estate Group - Keller Williams Realty. Data last updated: 2021-09-20T21:14:28.903.
 
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Agave Real Estate Group - Keller Williams Realty
3780 Foothills Rd. Suite C
Las Cruces NM, 88011