Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Heritage Real Estate
Property view

2432 La Fonda Circle #1-8, 
Las Cruces, NM 88001

$687,414

Last List Price

8

Beds


8

Baths


-

Sq Ft


Multi-Family

Sold

Listed by

Marvid Charlson

David T Clarke

Bought with Deacon Property Services, LLC

Property Mgt & Investments Of Nm

Nm Apartment Advisors Inc.

575-652-4043

MLS#

2402610

Source:

NM LCAR

Sorry, we are unable to map this address

About This Home

2432 La Fonda Circle #1-8

This updated two story 8-plex is a must see!! Situated off one of Las Cruces' busiest streets, Missouri Ave., it offers seven nicely situated, 1-bed & 1-bath, units at approximately 483 sq/ft and 1 unit being approximately 823 sq/ft. Half of the units are located downstairs and the other half upstairs. The larger unit, #1, also has a 2-car garage that accompanies it that can be kept as a garage space for this unit or turned into individual storage rooms, a laundry room, or even another unit. This larger unit also boasts a private cedar fenced-in yard in the rear, making it a perfect space for grilling, relaxing, or letting pets run around in. Measures of investment performance at list price of $687,414 and with average rent of $751 include GRM of 9.53, Cap rate of 6.70% and after tax IRR of 14.90%..

Home Facts

Multi-Family

8 Baths

8 Bedrooms

Built in 1984

Price Summary

687,414

MLS #:

2402610


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

8


Structure

Structure

Year Built:

1984


Lot

Lot Size (Sq. Ft):

12,284


Finances & Disclosures

Finances

Price:

$687,414

Source:NM LCAR
The information being provided by Las Cruces Association Of REALTORS®, Inc. is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Las Cruces Association Of REALTORS®, Inc. All rights reserved.