Lease option
Option to Buy · Single Family in Las Cruces, NM | Flexible Terms
1140 Commerce Dr, Las Cruces, NM · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMixed-use
Units4
Beds / baths1 / 1.5
Living area4,369 sqft
Lot0.17 acres
Year built1942
About this deal
Lease-option on a single-family home located at 1140 COMMERCE DR, Las Cruces, NM. Move in now and lock in today's price of $160,000. Option period and rent-credit terms are negotiable. 3 bedrooms, 2.0 bathrooms, built 1936.
The numbers
- Cap rate
- 6.7%
- Net operating income
- $24,864/yr
- Cash flow
- +$2,072/mo
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.