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
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