West Street Apartments

1120 N West Street
Silver City, NM

Owner Financing Options Available

Introducing the West Street Efficiency Apartments, a distinctive property on the market for $950,000. This remarkable investment, originally a church, has been transformed in 2021 into a modern communal living space spanning 5,723 SQFT and includes a Grid-Connected Solar System. With 19 private rooms generating a gross monthly rent of $10,650, this property is a powerful addition to any investment portfolio. This property is located in the heart of Silver City, New Mexico, adjacent to Western New Mexico University.

Key Investment Insights:

• Asking Price: $950,000

• Monthly Income: $10,650

• Annual Gross Income: $127,800

• Configuration: 19 Bedrooms, 4.5 Bathrooms

Ground Floor Features:

• Thirteen private bedrooms adaptable for various uses

• Separate dedicated men's and women's bathrooms, each equipped with elegant tiled shower stalls, plus an additional private unisex half bathroom

• A communal living area with Roku TV & High-Speed WiFi

• Fully equipped kitchen with dining area for tenant convenience

• A computer room, perfect for work or study

• Laundry room featuring two sets of Coin Operated Washers & Dryers and plenty of storage space

Upper Level Features:

• Six private bedrooms creating a cozy living environment, walk-in closets featured in two large bedrooms.

• A shared living room with Roku TV & High-Speed WiFi

• A well-appointed kitchen with dining nook

• Two full private bathrooms with jacuzzi tubs and showers

• Coin Operated Washer and Dryer plus Storage Room

At the West Street Efficiency Apartments, every aspect is designed with tenant comfort and investor profitability in mind. The ground floor's dedicated men's and women's restrooms with tiled shower stalls add to the appeal for potential tenants, ensuring privacy and convenience. This property is not just an investment; it's a community-centric space that promises steady financial returns and tenant satisfaction.

Make a strategic investment with the Efficiency Units at Eleven Twenty North West Street, where functionality meets financial viability.