21-Unit Apartment
2510 & 2530 S Espina Street, Las Cruces, NM 88001
For Sale
Contact for pricing
Studios and larger units feature hardwood floors, plaster walls, and landscaped courtyards.
Property SizeContact for details
Lot Size1.44 Acres
Days on Market28
Property Features for 2510 & 2530 S Espina Street
General Information
Standard status
Lot size
Property subtype
Zoning
Financials
Asking Price
Cap Rate
Average Monthly Rent
Additional Details
Multifamily Units
Tenant in Place
Amenities
secure storage
landscaped courtyards
solar panels
Listing Agency:
Deacon Property Services
Listed By:
Kyle Deacon · License NM #15579
(505) 803-3775
Source:
Crexi
Added: Oct 14
Changed: Nov 8
Last Checked: Nov 10 at 8:42AM
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 Deacon Property Services
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Investment Insights
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This 21-unit apartment property includes studios, one-bedroom apartments, and larger units. Interior details include hardwood floors and plaster walls, while landscaped courtyards provide shared outdoor space. The property occupies approximately 1.44 acres zoned R-3. Improvements include a roof installed in 2021, solar panels, drip irrigation, exterior lighting, and updated fixtures. Secure storage and parking are also on site.
The property is located two blocks from NMSU and near University Avenue dining, healthcare services, and major employers. Its reported cap rate is 6.08%.
The property is located two blocks from NMSU and near University Avenue dining, healthcare services, and major employers. Its reported cap rate is 6.08%.
Key Highlights
- 21 apartment units, including studios, one‑bedroom apartments, and larger units
- Approximately 1.44 acres with R‑3 zoning
- Hardwood floors, plaster walls, and landscaped courtyards
Property Analytics
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Lease Details
21
Residential units
Location Intelligence
Trade Area within ½ mile
716
Businesses Nearby
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Business Placement
Demographics for 88001, NM
36,831
Population
16,985
Households
2.2
Avg Household Size
30
Median Age
29%
College-Educated
83%
High-School Grad
11.1 sq mi
ZIP Area
3,318
Density / Sq Mi
$32,978
Median Household Income
$23,195
Median Earnings
$797
Median Rent
$158,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Studios and larger units feature hardwood floors, plaster walls, and landscaped courtyards.
Where is this apartment building located?
The property is located at 2510 & 2530 S Espina Street Las Cruces, NM.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 21 apartment units, including studios, one‑bedroom apartments, and larger units; Approximately 1.44 acres with R‑3 zoning; Hardwood floors, plaster walls, and landscaped courtyards
