$2,125,000

2100 Stardust, Alamogordo NM 88310

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Otero 32,328 1.92 acres 1987 $1,043 889003
Listing Information
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

Contact Information

Lisa Hebenstreit
505-242-2272
lisa@hebenstreit.com
505-234-7482
P.O. Box 7626, Albuquerque, NM 87194
 

Property Overview

$2,125,000 2100 Stardust Otero (550) Fisher 32,328 1.92 acres 1987 $1,043 889003 Two Carpet, Vinyl Board & Batten Gas Evaporative Cooling
Refrigerator
Calculate Mortgage

Property Details

# of Unit Types (1):

1.00 0 24 373 450 425 400

# of Unit Types (2):

1.00 1 24 449 650 475 450

# of Unit Types (3):

2.00 2 2 550 865 575 550 Down/Garage

# of Unit Types (4):

1.00 2 2 945 675 650 Up/Garage

Unit Summary:

265536.00 425.53 577.30 22128.00 52
From ABQ south to US-380 east to US-54 south to Alamogordo
Map of 2100 Stardust

Virtual tour of 2100 Stardust

R-2
1All dimensions are approximate. Interested buyers should independently verify all measurements. For Sale By Owner New Mexico neither guarantees nor warrants the accuracy of the information contained on this web page. The information provided here is the sole responsibility of the property seller. This property listing is provided by Todd D Clarke, (505) 440-8633, tclarke@nmapartment.com and Southwest Multiple Listing Service, Inc.