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    Las Cruces, NM
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    Las Cruces, NM Apartment Buildings for Sale

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    Mesilla, NM La Mesa, NM Dona Ana, NM Mesquite, NM Organ, NM Vado, NM Radium Springs, NM Berino, NM
    6 properties
    8-Unit Multifamily Property
    Updated: Jun 8
    8-Unit Multifamily Property

    809 W Van Patten Avenue, Las Cruces, NM 88005

    $315,000
    0.57 AC lot
    8‑unit multifamily property on a 0.57‑acre site
    Six rear apartments, plus a detached single‑family home and studio
    Five rear apartments are leased; one recently renovated unit is available for rent
    Apartment units are approximately 600 square feet each
    Unit mix includes 2 bd / 1 bath corner units and 1 bd / 1 bath interior units
    View details
    21-Unit Apartment Compound
    Updated: Oct 14
    21-Unit Apartment Compound

    2510/2530 S Espina St, Las Cruces, NM 88001

    $1,700,000
    63,162 sqft 1.44 AC lot
    21 apartment units, including studios, one‑bedroom apartments, and larger units
    Approximately 1.44 acres with R‑3 zoning
    Roof installed in 2021, solar panels, and updated fixtures
    Hardwood floors, plaster walls, and landscaped courtyards
    Secure storage, parking, drip irrigation, and exterior lighting
    View details
    60-Unit Apartment Development
    60-Unit Apartment Development

    3609 Del Rey Blvd, Las Cruces, NM 88012

    $2,300,000
    67,560 sqft 2.90 AC lot

    Permitted construction is active, with engineering complete and substantial site work already finished.

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    See hot listings in Las Cruces

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Eight-Unit Multifamily Property
    Eight-Unit Multifamily Property

    809 W Van Patten Ave, Las Cruces, NM 88005

    $315,000
    5,101 sqft

    Includes apartments, a detached home, and a studio with on-site parking.

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    60-Unit Apartment Development
    60-Unit Apartment Development

    3069 Del Rey Boulevard, Las Cruces, NM 88012

    Contact for pricing
    67,560 sqft

    Multifamily development with completed engineering and substantially advanced site work.

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    12-Unit Condominium Apartment Building
    12-Unit Condominium Apartment Building

    820 Mormon Place, Las Cruces, NM 88011

    $1,550,000

    For sale 12 well-maintained 2-bedroom, 1.5-bath condominiums with resident and guest parking.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 6 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

    Opportunities in Nearby Cities

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

    Eight-Unit Apartment Property
    Eight-Unit Apartment Property

    925 Vinton Avenue, Canutillo, TX 79835

    $1,500,000
    2,604 sqft 3.90 AC lot

    Residential improvements include a main home, seven apartments, and a detached garage across a substantial tract.

    View details
    8-Unit Apartment Property
    8-Unit Apartment Property

    925 Vinton Ave, Canutillo, TX 79835

    $1,500,000
    2,604 sqft 3.90 AC lot

    Income-producing multifamily asset with acreage, a detached garage, and regional highway access.

    View details
    New Construction 6-Unit Apartment Complex
    New Construction 6-Unit Apartment Complex

    6002 1/2 PAM MCCALL Lane, El Paso, TX 79924

    $850,000
    0.28 AC lot

    Three duplex-style buildings feature individually metered gas and electric service with landlord-paid water.

    View details
    6-Unit Apartment Building
    6-Unit Apartment Building

    6002 1/2 PAM MCCALL Lane, El Paso, TX 79924

    Contact for pricing
    5,460 sqft

    New-construction multifamily property with individually metered utilities, private laundry rooms, and refrigerated air in every residence.

    View details

    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.

    1404 Montana Ave
    Multifamily properties

    1404 Montana Ave, Las Cruces, NM 88001

    Estimated value: by Request
    3,275 sqft 0.20 AC lot
    View details
    2106 College St
    Multifamily properties

    2106 College St, Las Cruces, NM 88001

    Estimated value: by Request
    5,995 sqft 0.62 AC lot
    View details
    2250 Locust St
    Multifamily properties

    2250 Locust St, Las Cruces, NM 88001

    Estimated value: by Request
    10,270 sqft 1.03 AC lot
    View details
    5906 El Llano Rd
    Multifamily properties

    5906 El Llano Rd, Las Cruces, NM 88012

    Estimated value: by Request
    3.29 AC lot
    View details
    2432 La Fonda Cir
    Multifamily properties

    2432 La Fonda Cir, Las Cruces, NM 88001

    Estimated value: by Request
    4,204 sqft 0.28 AC lot
    View details
    1245 Van Patten Ave
    Multifamily properties

    1245 Van Patten Ave, Las Cruces, NM 88005

    Estimated value: by Request
    0.24 AC lot
    View details

    Las Cruces, NM Apartment Buildings Market Trends and Statistics

    Explore 12 apartment buildings for sale in Las Cruces, NM, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 203,383 square feet of properties for sale, with an estimated market value of $6,180,000.

    Sale prices for apartment complexes in Las Cruces, NM start at $315,000, averaging $1,236,000, and reaching up to $2,300,000 — 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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    Demographics Overview

    Population 159K
    Population Growth (5Y) +10.5%
    Median Household Income $57,444
    College Educated 43.5%

    High-Yield Neighborhoods for Investment

    Identify Las Cruces submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    88005 $315K
    88011 $1.6M
    88012 $2.3M

    Taxes & Financing

    Tax Rate (average for all types) 3.37%
    Property Tax per SF $72.66 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Dona Ana County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Las Cruces fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    Popular Searches in Las Cruces, NM

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    Most Searched ZIP Codes in Las Cruces, NM

    • 88005
    • 88012
    • 88011

    Featured Las Cruces Real Estate Agencies

    Realmo connects you with licensed Las Cruces CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Keller Williams Realty Las Cruces
    3780 Foothills Road, Suite C Las Cruces, NM 88011
    Phone: 15755270880
    KellerWilliamsLasCruces.com
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