2100 Stardust, Alamogordo, 88310



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: No Landscaping, Owners Unit
Utilities: All City


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


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


$/SqFt: $66

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Listing information last updated on November 14th, 2019 at 4:11am MST.