Wholesale Price $395,000

NM 187, west of town center

(30 mins north of Las Cruces)

Wholesale Property Description:

• 24-Unit Apartment Complex
• Built in 1986
• Parcel ID:  R1100709

24 Units (16x two beds, 8x one beds) all completely vacant.
Section 8 Rents – $700 to $800 (from a local real estate agent)
Retail Rents – $750 to $900
1.87 Acres

ALL UNITS have individual electric and gas meters, common water & sewer.

Building A
8x – Two-Bedroom Units
6,416 SQ FT

Building B
8x – One-Bedroom Units
5,536 SQ FT

Building C
8x – Two-Bedroom Units
5,888 SQ FT

Building D
Management & Leasing Office

Wholesale Price $395,000

557 NM-187, Hatch, NM 87937

Property is approximately 32°40’08.9″N 107°10’03.6″W

Call / Text Thomas (602) 428-9049

Important Information

House is being sold as-is, and buyer is to pay all closing costs. No representations written or oral are made concerning the properties above. Price based on a cash or hard money offer and is net to seller, 7-10 day close of escrow is required. Buyers to do their own independent due diligence and take any necessary precautions to verify any and all material facts. Great Flips and its members / representatives make no guarantees concerning property condition, value, characteristics or financial benefits. Great Flips may or may not currently own the properties being marketed and may be marketing the equitable interest however great or small in the given properties (without any warranty or representation other than it is the buyer under the subject contract). Opinion of value is given as courtesy. Our opinion is just an opinion and seller makes no guarantees or warranties, express or implied, as to the value or condition of the home.