LAS CRUCES >> Multiple apartment projects broke ground last year and are in various stages of development, but they all are or should be accepting tenants this year.
The Lofts at Alameda
The three-story structure at the corner of Alameda Boulevard and Court Avenue near downtown Las Cruces, looms above surrounding buildings as workers continue their daily construction of The Lofts at Alameda.
When finished, the 38-unit modern apartment complex “will showcase loft-style features such as high ceilings and exposed coiled duct work,” the company reports on its website.
Each unit will have energy-efficient appliances including a washer and dryer. Every loft apartment will have a balcony facing Court Avenue.
One of the owners, John Hummer, said that he expects the complex to open in late summer.
“Based on our in-depth market surveys of potential renters, we are confident that we will be able to lease our 38 units,” Hummer said. “We are a niche product in the rental community. Being downtown, The Lofts are in close proximity, walking distance, for over 4,400 employees who work downtown.”
Rent for one-bedroom apartments starts at $725 per month while rent for two-bedroom units starts at $840.
The website is loftsatalameda.com.
Missions at Sonoma Ranch
Another of the new Las Cruces apartment complexes is near Sonoma Ranch Boulevard is ready to start accepting tenants. Joanne Achen with TND Real Estate Group reports that the Missions at Sonoma Ranch at 1871 El Presidio has 22 units with two already rented, six more available immediately and the other 14 available sometime this week.
All the apartments have two bedrooms and two bathrooms. Ground was broken a year ago on the project and the complex was developed by a group of investors led by James Coles of Coles Communities, LLC.
A grand opening celebration is scheduled for 11 a.m. to 2 p.m. on Saturday with free food and drink.
Coles told the Sun-News during construction that a marketing report conducted for the complex pointed to the fact that two-bedroom facilities was the best way to go.
“What the marketing report said is that three-bedroom apartments were out,” he said. “In order to make this work, you’d have to rent a three-bedroom (units) for $1,250 a month. You can rent a house for that.”
Coles said that the units are 1,000 square feet in size.
“Most two-bedroom apartments are like 820,” he said.
Applications can be made on the website missionsatsonomaranch.com or in person at the property. Office hours of 9 a.m. to 5 p.m. Monday through Friday and 9 a.m. to 1 p.m. Saturday. More information can also be found by calling 575-640-9598. The complex is offering a move-in special of $950 per month with a $500 deposit.
Beverly Heights
Another of the new Las Cruces apartment complexes is under construction on 3 Crosses Avenue, near the 99 Cents store that sits at the corner of 3 Crosses and North Main Street.
Summit Development is building the first phase of Beverly Heights, part of a planned $14 million, 200-unit complex. The first phase includes 40 units in two buildings.
In Phase I, rent for a two-bedroom apartment starts at $700 a month and $810 a month for a three bedroom.
More information can be found online at summitbuildinglc.com. Summit Development can be reached at 575-382-4390.
Sonoma Palms
In addition, the Sonoma Palms Apartment Homes, located at 4260 Northrise Drive, held a ribbon-cutting and grand opening celebration last year.
The facility has multiple buildings open with more on the way.
Depending on floor plan, rent can range from $900 to $1,400 a month.
The phone number is 575-382-5611 and the website is sonomapalms.com.
By: Brook Stockberger (Las Cruces Sun-News)
Click here to view source article.