• Year Built: 1950
4001 W Picacho Ave is aretail property for lease in Las Cruces, NM.
Retail building with two residential apartments for sale on the corner of Shalem Colony/Bamert and Picacho.
Total monthly rental income is $1,830.00.
-Beauty Shop can handle two tenant - each pays $340.00 per month
-Two residential units - one unit rents for $425.00 per month and the other at $725.00 per month.
Recent Improvements include:
-Beauty Shop: new flooring, carpeting & tile. New A/C unit in 2009.
-Small Apartment: new paint, and roof in 2014. New A/C unit in 2009.
-Large Apartment: completely refurbished in 2010, 2 new A/C units in 2009.
Complex was re-stuccoed and painted in 2009.
Long standing tenants.
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