Motel 9 Las Cruces NM
Motel 9 Las Cruces NM
235 La Posada Ln., Las Cruces, NM
103 Keys • $2,200,000
Listing Broker(s)
Franklin Eng
Property Overview
- 28 Kitchenettes | 3 Bedroom Spacious Manager’s Apartment
- 38,180 SF | 2 Stories | Exterior Corridors
- Formerly Motel 6
- Easy access to 1-10 Freeway
- 1 mile from NM State University
- 2 miles from Convention Center
- 2.5 miles from historic Mesilla
- Great proximity to restaurants
- 54 minutes from El Paso International Airport
- Enjoy 350 days of sunshine a year
- ideal for apartment coversion, as current apartment shortage has been plaguing the Las Cruces home sales market and driving up prices. The average Apartment Rent in November 2021 $971, represents Y-O-Y Change in Average Apartment Rent of 12.19%.
- Current Average rental price in the University Park/New Mexico State area is $1.011
- University Park/New Mexico State Campus real estate is primarily made up of small (studio to two bedroom) with 93.7% of the real estate here of this small size.
Property Highlights
| Asking Price | $2,200,000 |
| Location | 235 La Posada Ln., Las Cruces, NM Show on Map |
Keys | 103 | Square Footage | 38, 180 |