www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33475610
33475609

809 Van Patten Avenue, Las Cruces, NM 88005

Steinborn TCN Commercial RE
CL
NM NM 20112
Steinborn TCN Commercial RE
Listed by Steinborn TCN Commercial RE
$315,000
4 days on market
Updated 3 days ago
Opportunity zone

8 Unit Value Add Opportunity

Details
APN 4-006-135-391-086
Property Type Multifamily
Square Footage 5,101
Units 8
Occupancy 75%
Tenancy Multi
Rent Bumps No
Broker Co-Op True
Class C
Year Built 1940
Buildings 2
Stories 1
Acreage 0.570
Investment Type Value Add

8 Unit Value Add Opportunity

Marketing description

Eight-unit multifamily investment opportunity with a diverse unit mix and value-add potential. The property consists of six apartment units located at the rear of the site, including five currently leased units and one recently renovated unit that is available for rent. At the front of the property, a detached single-family home and studio provide additional income-producing flexibility. The rear apartment units each offer approximately 600 square feet of living space with 2 bd/ 1 bath corner units and 1 bd/ 1 bath interior units. Ample on-site parking is available for tenants, and the property includes additional outdoor space that could be enhanced to improve tenant enjoyment and overall appeal. With existing rental income, a renovated vacant unit, and opportunities for further improvements, this property presents an attractive option for investors seeking a project with upside potential.

Listing Contacts

Steinborn TCN Commercial RE
CL
NM NM 20112
Steinborn TCN Commercial RE
Listed by Steinborn TCN Commercial RE

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Jeremiah Lay, CCIM
License
42258
Brokerage
Steinborn TCN Commercial RE
Brokerage Address
141 Roadrunner Parkway
Name
Cali Lay
License
NM 20112
Brokerage
Steinborn TCN Commercial Real Estate
Title
Associate Broker
Brokerage Address
141 Roadrunner Parkway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591