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Casas De Soledad

176 Units
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About

About Casas De Soledad

Cushman & Wakefield is pleased to present the opportunity to acquire Casas De Soledad. The offering includes 176 units of the Class “A” Condominiums (256 units total) with Declarant status, within the prestigious Sonoma Ranch master-planned golf community in Las Cruces, New Mexico. This offering represents an exceptional investment opportunity based on the following:

• Location: Casas De Soledad is located within the prestigious Sonoma Ranch master-planned golf community, on the east side of Las Cruces facing the Organ Mountains. The property features significant frontage on the Sonoma Ranch Golf Course.

• Value Pricing: Casas De Soledad offers an investor the opportunity to acquire a high quality asset at well below replacement cost.

• Attractive Yield: Casas De Soledad offers an investor the opportunity to obtain an attractive yield based on strong current operations. Current occupancy at the property is in the mid-90’s.

• Diverse Unit Mix: The 176 units offered for sale offer residents three one-bedroom floor plans, five two-bedroom plans, including one two-bedroom, 2.5 bath townhome, and four three-bedroom floor plans, including one three bedroom, 2.5 bath townhome.

• Quality Design and Construction: Casas De Soledad features all two-story buildings with a low density of approximately 12 units per acre. Amenities include a resort-style swimming pool and spa, clubhouse with kitchenette, state-of-the-art fitness center, gated access, dog park and easily accessible dog spa washing station, parcel lockers, barbecue grills and putting green. Each unit features nine-foot ceilings and in-suite washer/dryers. Attached and detached garages are available.

• High-End Interior Finishes: Casas De Soledad’s interior amenities include ceramic tile in kitchens and baths, solid oak cabinetry, ceiling fans, nine-foot ceilings and in-suite washer/dryers.

• Strategic Proximity: Casas De Soledad sits on 14.5 acres adjacent to the Sonoma Ranch Golf Course, offering residents excellent views. As well as proximity to medical centers, the Mesilla Valley Mall (largest mall in Southern New Mexico) and New Mexico State University.

• Casas De Soledad can be acquired on an all cash basis, allowing investors the opportunity to bring in their own financing tailored to their investment needs.

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