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21790693
21790694

2802 Corte Dios, Las Cruces, NM 88011

RM
NM 6572
NAI 1st Valley
JR
NM 46738
NAI 1st Valley
Listed by NAI 1st Valley
$11,440,000
477 days on market
Updated 18 days ago

Well-Established Memory Care Assisted Living Facility

Details
Property Type Business for Sale, Senior Living
Sub Type Business and Building
Square Footage 24,484
Units 48
Beds 48
Cap Rate 8.50%
Class A
Year Built 2012
Buildings 5
Acreage 4 - 11.5

Business & Real Estate for Sale | 8.5% Cap Rate

Marketing description

Located in the heart of Las Cruces, New Mexico, this property is a well-established assisted living facility offering an exceptional investment opportunity. This unique property combines modern amenities, a serene environment, and a strong reputation for delivering compassionate care to its residents.

The property consists of a 48-unit memory care assisted living facility that is comprised of five standalone buildings. One building is dedicated to administrative offices and four secured resident buildings provide memory care assisted living.

Sale includes business, buildings, and ±4 acre property. The subject ±4 acre parcel has enough room to add two

additional 12 unit buildings

An adjacent ± 7.4 acres of additional land is also available for sale; this land is entitled and zoned for expansion.

Listing Contacts

RM
NM 6572
NAI 1st Valley
JR
NM 46738
NAI 1st Valley
Listed by NAI 1st Valley

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