x
Address
2100 Stardust Alamogordo, NM
Price
$ 2,125,000
Property Attributes
  • MLS#889003
  • TypeMulti-Family
  • CountyOTERO
  • CityAlamogordo
  • AreaOtero
  • NeighborhoodFisher
  • Zip88310
  • Style9 or More Units
  • Year Built1987
  • Taxes1043
  • Price$ 2,125,000
  • Bedrooms0
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage32328
  • Lot Size1.92 Acres
Listing Provided Courtesy Of:
NM Apartment Advisors, Inc.
Property Description

NM Apartment Advisors is excited to bring to market a high cap rate, value add opportunity in Alamogordo, New Mexico.Offered for sale by the original developer's family, this 52-unit community is nestled in tall pines trees on a cul-de-sac not just a short distance to the foothills of the Sacramento mountains and short drive to New Mexico's iconic White Sands national monument.The area economy is driven by the military (Holloman air force base, hope to the 54th Fighter group and the MQ-9 Reaper/Predator Drones.Built in 1986-1987, this 52unit community contains 24 studios, 24 x 1 bedroom/1 bathrooms and 4 two bedrooms, two of which have garages.Based on the current average rents of $460 per month, the property's measures of investment performance include a 7.40 GRM, 8.33% ca

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
5/25/2018 Listed $2,125,000

General Features

Age 21 - 30
Amenities No Landscaping, Owners Unit
Area 550 - Otero
Builder Jim Day
Construction Frame
Days on Market 452
Disability Access Unknown
Finance Considered Cash, Conventional
Legal Description Lots 3-12, Fisher Subdivision, Otero County
Number of Units 52.00
Property SubType 9 or More Units
Property Type C
Rental Info Current Lse Agreemnt
Stories 2.0
Subdivision Fisher
Tenant Pays None
Virtual Tour http://www.nmapartment.com/pines3d1
Year Built 1987
Zoning R-2

Interior Features

5+ Units Yes
Appliances Included Refrigerator
Basement No
Cooling Evaporative Cooling
Flooring Carpet, Vinyl
Heating Gas
Utilities All City

Exterior Features

Acres 1.92
Exterior Material Board & Batten

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 88310

Price
AVG $2.13M
$2.13M
Taxes
AVG $1,043
$1,043
Visits
AVG 132
131
Year Built
AVG 1987
1987
Walkscore
AVG 21
21
Data Provided by Walkscore ® not using MLS data

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