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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Las Cruces, NM

$ 299,000
ROI
26.0
Cash Flow/m
520- 6 Bed
- 3 Bath
- 3112 sft
439 N Alameda Blvd, Las Cruces, NM, 88005

Airbnb Potential
$ 255,000
ROI
19.8
Cash Flow/m
6- 2 Bed
- 2 Bath
- 960 sft
405 Palm Ave, LAS CRUCES, NM, 88001

Currently Rented
$ 410,000
ROI
28.0
Cash Flow/m
934- 8 Bed
- 4 Bath
- 3100 sft
1901 Embassy Dr #A-b, Las Cruces, NM, 88005

$ 210,000
ROI
21.3
Cash Flow/m
91- - Bed
- - Bath
- - sft
920 Texas Ave #1 & 2, Las Cruces, NM, 88001
Why Invest in Las Cruces, New Mexico?
Multi-family properties in Las Cruces, NM offer strong investment potential amid steady demand and growing inventory. Investor metrics show solid **rental yields** around 7-8% with **cap rates** of 6-7%. **Average rents** hover near $1,200 monthly, supported by renter-occupied rates over 40%. **Appreciation** remains modest at 2%, while **cash flow** averages $300/unit monthly. Economic growth and university presence drive consistent occupancy for multi-family assets.
8.5%
Avg. ROI
7.8%
Rental Yield
6.5%
Cap Rate
$320/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
2.2%
1Y Appreciation
Find Your Perfect Investment Property in Las Cruces, New Mexico
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