1241 Jelso Avenue Grants, NM 87020

Building Details

Year Built

1980

Listing agency Hanna Commercial, LLC r***@richardhanna.com Show Phone

Listed by Richard Hanna, CCIM · License #9158

Source Crexi

Added: Jun 21 Updated: Jul 22 at 3:30AM Checked: Jul 22 at 3:30AM

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Investment Insights

Based on property information with market context.

This updated duplex offers recent exterior and mechanical improvements intended to help reduce near-term capital expenses. Recent work includes stucco repair with a fresh color coat, newer cooling units, and a TPO roof installed approximately five years ago.

The property is located at 1241 Jelso Avenue in Grants, NM 87020. Public remarks indicate historically strong occupancy and rental rates around $800 per unit, supporting a consistent income profile for an investor.

As an income-oriented duplex, the layout is designed for two rental units within a single property, supported by the documented updates to key building components.

Key Highlights

• Duplex built in 1980
• Stucco repair and color coat completed as recent updates
• Newer cooling units

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FAQs

What type of property is this?

Duplex - Updated duplex with stucco repairs, newer cooling units, and a TPO roof installed about five years ago.

Where is this duplex located?

The property is located at 1241 Jelso Avenue Grants, NM.

What is the asking price?

The asking price for this property is $540,000.

What are key features of this property?

This property features: Duplex built in 1980; Stucco repair and color coat completed as recent updates; Newer cooling units