Land Available For Sale @ 2035 El Presidio

Located in the desirable area of Las Cruces, this 2.64 parcel of vacant is land is ready to be built. The location is within walking distance to Sonoma Ranch Golf Course. The area is surrounded by upper quality single family homes. The parcel is zoned multi-family R-3. There is a possibility, with current zoning, of building up to 52 units of multi-family housing. Las Cruces has experienced a robust rental market and low vacancy rates. This location is centered on the East Mesa with high visibility and increasing traffic. Sonoma Ranch Blvd now goes from University Ave. to Red Hawk Golf Course.
Broker has a complete proforma for building 52 units on this site.