Building Details:
• Year Built: 1987
800 Foster Rd is located in Las Cruces, NM.
Are you a problem solver investor type who likes to add value to your real estate immediately. If so, this property could be for you. This property has the potential to recognize an immediate $10,000 increase in gross annual income via the completion of remodeling of two units that have been held off the market for rental purposes. This property in recent years has required remodeling which has been done in the form of a new roof, evaporative cooling, carpeting, kitchen modernization,and beyond. Only two units are left to complete the updating process in full. The property is under new management and ownership and has seen an improvement in rents and the quality of the tenant base. It is now a sound investment to consider with a consistent year over year income. With the right type of remodeling ability it can still be considered a bargain against the asking price. Please take advantage of this opportunity and discover the additional profit potential this property has to offer.
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