31-Unit Apartment
For Sale
Contact for pricing
Pending
2051 Mars Ave, Las Cruces, NM 88012
Multifamily property with spacious two-bedroom residences, manager accommodations, and resident washer and dryer hookups.
Property Size31,260 SF
Lot Size2.49 Acres
Days on Market142
Property Features for 2051 Mars Ave
General Information
Standard status
Pending
Size
31,260 SF
Lot size
2.49 Acres
Property subtype
Multifamily
Units
Unit Mix
30 x 2 bedroom/1 3/4 bath
Multifamily Units
31
Additional Details
Asking Price
$3,400,000
Building Details
Year Built
1996
Buildings
6
Listing Agency:
Steinborn Commercial Real Estate
Listed By:
Grady Oxford · License #NM 11039
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 12:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Steinborn Commercial Real Estate
Investment Insights
Based on property information with market context.
This multifamily property includes 31 units across six buildings on approximately 2.49 acres. Five buildings contain six residences each, with units configured as two bedrooms and 1 3/4 baths. The sixth structure provides a manager’s office and living quarters of approximately 1,200 square feet. Residential interiors average approximately 1,002 square feet and include large living areas, kitchens, bathrooms, bedrooms with walk-in closets, and washer and dryer hookups.
The property contains approximately 31,260 square feet and was constructed in 1996. Tenants are responsible for electric and gas service. Roofs were replaced in July 2017. The site includes parking, with the number of spaces estimated in the property information.
The property contains approximately 31,260 square feet and was constructed in 1996. Tenants are responsible for electric and gas service. Roofs were replaced in July 2017. The site includes parking, with the number of spaces estimated in the property information.
Key Highlights
- 31 units totaling approximately 31,260 Sq. Ft. on +/- 2.49 acres
- Five six‑unit buildings plus a manager’s office and living quarters
- Average unit size of approximately 1,002 Sq. Ft.
Property Analytics
Current Use
Lease Details
31
Residential units
Location Intelligence
Trade Area within ½ mile
212
Businesses Nearby
Explore this area
Business Placement
Demographics for 88012, NM
32,550
Population
12,704
Households
2.6
Avg Household Size
34
Median Age
35%
College-Educated
86%
High-School Grad
348.8 sq mi
ZIP Area
93
Density / Sq Mi
$66,988
Median Household Income
$40,670
Median Earnings
$1,210
Median Rent
$222,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with spacious two-bedroom residences, manager accommodations, and resident washer and dryer hookups.
Where is this apartment building located?
The property is located at 2051 Mars Ave Las Cruces, NM.
What are key features of this property?
This property features: 31 units totaling approximately 31,260 Sq. Ft. on +/- 2.49 acres; Five six‑unit buildings plus a manager’s office and living quarters; Average unit size of approximately 1,002 Sq. Ft.
