Las Brisas of Santa Teresa
Gated Multi-Family Community available for individual investment.
Marketing description
Opportunity knocks! A truly unique community is now available in Doña Ana County.
Las Brisas in Santa Teresa will include a wide range of designs for this private Multi-Family community, including 61 quadruplex homes with contemporary, traditional, and southwestern styles, all of which are designed to blend seamlessly with the beautiful Santa Teresa landscape.
Gated Community
Community Parks
Gadsden Independent School District
Near the Border Industrial Complex
The Quadruplex
Las Brisas in Santa Teresa quadruplexes give you the choice between 2 and 3-bedroom floor plans that can be mixed-and-matched across all 4 units.
Investment highlights
Base Price: $769,900
Gross Monthly Income*: $6,600
Average Monthly Expenses**: $2,663
Vacancy Rate: 5%
Estimated Return on Investment: ~5%
*Based on average rents of $1,550/month plus $100/unit Fees,
**Expenses include 10% Property Management Fees, Taxes, Insurance, Community Fees, & 1% Repairs/Year
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