Seville Apartments is an opportunity for a Value-Add Investor to upgrade units, increase occupancy and raise rental rates between $75-$100 each 2 Bed. Currently, this property is operating at 87% Occupancy with an NOI of $87,013 and with the rental increases, the Pro Forma NOI comes to $94,680.

Built: 1964

Units: 24

Occupancy: 88%

The Property is For Sale

Asking Price: $1,000,000

Building Size: 17,950 SQ FT

Lot Size: 20000

Cost per Square Foot: $55.71

Waller Group LLC
1400 Alamo St
Las Cruces, New Mexico 88001
United States

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Logan Waller

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