Apartment Building

Las Cruces, NM Apartment Buildings for Sale

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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
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60-Unit Apartment Development
Updated: Mar 1
60-Unit Apartment Development

3609 Del Rey Blvd, Las Cruces, NM 88012

$2,300,000
67,560 sqft 2.90 AC lot
60 apartment units totaling approximately 67,560 square feet
2.9‑acre development site at 3609 Del Rey Blvd
Fully entitled and permitted with construction in progress
Engineering completed; grading and infrastructure preparation underway
Poured concrete slab foundations completed for residential buildings
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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

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67,560 sqft

Multifamily development with completed engineering and substantially advanced site work.

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31-Unit Apartment Complex
31-Unit Apartment Complex

2051 Mars Ave, Las Cruces, NM 88012

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31,260 sqft 2.49 AC lot

Multifamily property with spacious two-bedroom residences, manager accommodations, and resident washer and dryer hookups.

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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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One-Story Stucco Apartment Building
One-Story Stucco Apartment Building

2106 College St, Las Cruces, NM 88001

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One-story frame stucco building with 10 units, including 1-bedroom and 2-bedroom configurations.

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Multifamily Apartment Building
Multifamily Apartment Building

950 Mormon Dr, Las Cruces, NM 88011

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Multifamily property offers a mix of 2-bedroom and 1-bedroom units with in-unit refrigerated air and surface parking.

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Seville Apartments with Courtyard
Seville Apartments with Courtyard

1400 Alamo St, Las Cruces, NM 88001

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Multifamily property with individually metered utilities, on-site laundry, and surface parking.

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13-Unit Apartment Building
13-Unit Apartment Building

1716 S Solano Drive, Las Cruces, NM 88001

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Multifamily property includes apartment units and a house, with showings arranged by appointment.

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6-Unit Apartment Building
6-Unit Apartment Building

1017 Pueblo St Unit 1019, Las Cruces, NM 88005

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Occupied multifamily property with a varied bedroom mix and covered parking for residents.

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Roadrunner Parkway Multifamily Development Site
Roadrunner Parkway Multifamily Development Site

Roadrunner Pkwy, Las Cruces, NM 88012

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Development site suitable for assisted living or apartments.

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Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 12 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.

Apartment Building with Detached Garage
Apartment Building with Detached Garage

925 Vinton Avenue, Canutillo, TX 79835

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

8-unit apartment building on 3.90 acres zoned A1, featuring a 2,604 sq. ft. main residence and detached 962 sq. ft. garage.

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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.

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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.

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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

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

Value Estimation by Request
3,275 sqft 0.20 AC lot
View details
2106 College St
Multifamily properties

2106 College St, Las Cruces, NM 88001

Value Estimation by Request
5,995 sqft 0.62 AC lot
View details
2250 Locust St
Multifamily properties

2250 Locust St, Las Cruces, NM 88001

Value Estimation 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

Value Estimation by Request
3.29 AC lot
View details
2432 La Fonda Cir
Multifamily properties

2432 La Fonda Cir, Las Cruces, NM 88001

Value Estimation 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

Value Estimation by Request
0.24 AC lot
View details

Las Cruces, NM Apartment Buildings Market Trends and Statistics

Explore 18 apartment buildings for sale in Las Cruces, NM, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 171,481 square feet of properties for sale, with an estimated market value of $4,480,000.

Sale prices for two-family homes in Las Cruces, NM start at $315,000, averaging $1,120,000, 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
88007 $800K
88001 $1.3M
88011 $1.6M

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.

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