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    Las Cruces, NM Apartment Buildings for Sale

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    Las Cruces Multifamily Investment Property
    $549,990
    2,782 SF

    Las Cruces Multifamily Investment Property

    807 Chaparro St, Las Cruces, NM 88001

    Five-unit complex near NMSU with recent renovations and upside potential.

    • Renovated multi‑family complex with five units (one single‑family residence and four apartments).
    • Recent extensive improvements including new mini‑split HVAC systems in all apartment units, new flooring, countertops, fixtures, and windows.
    • Excellent location in Las Cruces, New Mexico, near New Mexico State University (NMSU).
    • Fresh interior and exterior paint and complete landscape overhaul.
    • Solid investment opportunity with upside potential.
    Updated: Feb 5
    View details
    Well-Maintained 7-Unit Complex
    $478,350
    0.47 Acres

    Well-Maintained 7-Unit Complex

    1040 N Mesilla St, Las Cruces, NM 88005

    Impeccably maintained 7-unit complex near downtown Las Cruces.

    • High‑income potential: Generates nearly $50,000 annually with seldom any vacancy.
    • Well‑maintained property: Impeccably maintained inside and out with no deferred maintenance.
    • Strong investment opportunity: Cap rate in the neighborhood of 8%.
    • Individual unit climate control: Each unit has separate heat and air conditioning.
    • Ample parking: Plenty of on‑site parking including individual enclosed carports.
    Updated: Jan 18
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    Las Cruces Multifamily Land Investment
    $250,000
    3.29 Acres

    Las Cruces Multifamily Land Investment

    3.29 Acres, R2 Zoning, Prime Location

    5906 El Llano Rd, Las Cruces, NM 88012
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    Las Cruces Multifamily Land Investment
    $69,000
    0.24 Acres

    Las Cruces Multifamily Land Investment

    0.24-Acre R2 Zoned Lot, Great Potential

    1245 Van Patten Ave, Las Cruces, NM 88005
    View details
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 4 Active listings in Las Cruces, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Canutillo Multi-Family Investment Opportunity
    $1,300,000
    3,000 SF

    Canutillo Multi-Family Investment Opportunity

    Multi-level estate with income streams and 100% occupancy.

    925 Vinton Ave, Canutillo, TX 79835
    View details
    Canutillo Mixed-Use Investment
    $299,000
    2,589 SF

    Canutillo Mixed-Use Investment

    Profitable Restaurant & Apartments

    6928 3Rd St, Canutillo, TX 79835
    View details
    El Paso Multifamily Investment Opportunity
    $1,800,000
    125.00 Acres

    El Paso Multifamily Investment Opportunity

    30-unit complex, fully occupied, with on-site management.

    8738 Robert Dr, El Paso, TX 79904
    View details
    Mixed-Use Investment Opportunity in El Paso
    $1,500,000
    1.26 Acres

    Mixed-Use Investment Opportunity in El Paso

    Mixed-use property with residential units, office, and restaurant/bar.

    8735 Dyer St, El Paso, TX 79904
    View details

    Explore Off-Market Properties in Las Cruces, NM

    Consider similar Off-Market properties in Las Cruces, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2432 La Fonda Cir

    2432 La Fonda Cir

    Multifamily properties • 4,204 SF
    Value Estimation by Request
    2432 La Fonda Cir, Las Cruces, NM 88001
    View details
    5906 El Llano Rd

    5906 El Llano Rd

    Multifamily properties • 3.29 Acres
    Value Estimation by Request
    5906 El Llano Rd, Las Cruces, NM 88012
    View details
    2250 Locust St

    2250 Locust St

    Multifamily properties • 10,270 SF
    Value Estimation by Request
    2250 Locust St, Las Cruces, NM 88001
    View details
    1404 Montana Ave

    1404 Montana Ave

    Multifamily properties • 3,275 SF
    Value Estimation by Request
    1404 Montana Ave, Las Cruces, NM 88001
    View details
    1245 Van Patten Ave

    1245 Van Patten Ave

    Multifamily properties • 0.24 Acres
    Value Estimation by Request
    1245 Van Patten Ave, Las Cruces, NM 88005
    View details
    2106 College St

    2106 College St

    Multifamily properties • 5,995 SF
    Value Estimation by Request
    2106 College St, Las Cruces, NM 88001
    View details

    Las Cruces, NM Apartment Buildings Investment Opportunities Market Analysis

    Explore 10 apartment buildings for sale in Las Cruces, NM, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 190,357 square feet of properties for sale, with an estimated market value of $1,347,340.

    Sale prices for two-family homes in Las Cruces, NM start at $69,000, averaging $336,835, and reaching up to $549,990 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Most Searched ZIP Codes in Las Cruces, NM

    • 88005
    • 88001
    • 88012

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