2100 Stardust, Alamogordo, 88310

Beds
Baths
32,328Sqft
1.92Acres
1987Built
548DOM

$2,125,000

Todd D Clarke
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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

Essential Information

MLS® #: 889003
Price: $2,125,000
Square Footage: 32,328
Acres: 1.92
Year Built: 1987
Type: Residential Income
Sub-Type: 9 or More Units
Status: Pending

Community Information

Address: 2100 Stardust
Area: 550 - Otero
Subdivision: Fisher
City: Alamogordo
County: Otero
State: NM
Zip Code: 88310

Amenities

Amenities: No Landscaping, Owners Unit
Utilities: All City

Interior

Appliances: Refrigerator
Heating: Gas
Cooling: Evaporative
# of Stories: 2
Stories: 2 Story

Exterior

Construction: Frame

Additional Information

Date Listed: April 11th, 2017
Days on Market: 548
Zoning: R-2

Listing Details

Listing Agent: Todd Clarke
Listing Office: NM Apartment Advisors, Inc.
Office Phone: (505) 440-8633

Financials

$/SqFt: $66

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

Listing information last updated on October 15th, 2019 at 5:13pm MDT.