1163 W Canal Road, Hatch, 87937

Beds
Baths
73,181Sqft
1.68Acres
Built
233DOM

$2,100,000

Gary Sandler
575-525-2400
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This Class A property was constructed in 2010 and has been impeccably maintained by the original owner. Located just 40-minutes north of New Mexico's second-largest city, Las Cruces this 7,152 sq. ft assisted living center serves residents from all over Southern New Mexico and West Texas. The building sits on 1.68 +/- plus acres and is licensed for 20 residents and consists of 20 total beds. There are 10 private rooms and 5 shared rooms. Each room has its own bathroom and climate control. All rooms open into a central shared common area containing an approved commercial kitchen, living room, dining room, common bathroom, laundry room, administrative office and front and back porches. Rental rates are currently below market and can be raised to increase the return far beyond its current 10.65 cap rate

Essential Information

MLS® #: 1903124
Price: $2,100,000
Square Footage: 73,181
Acres: 1.68
Type: COMMERCIAL/INDUSTRIAL
Sub-Type: Commercial
Status: Active

Community Information

Address: 1163 W Canal Road
Area: Hatch Area
Subdivision: N/A
City: Hatch
County: Dona Ana
State: NM
Zip Code: 87937

Amenities

Parking Spaces: 15
Parking: Parking Area, Parking Lot, Paved

Interior

Heating: Gas, Forced Air
Cooling: Refrigerated Central
# of Stories: 1

Exterior

Roof: Shingle
Construction: Steel Framing, Stucco

Additional Information

Date Listed: October 17th, 2019
Days on Market: 233

Listing Details

Listing Agent: Gary A Sandler
Listing Office: Gary Sandler Inc., Realtors

Financials

$/SqFt: $29

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