For Sale
$4,724,000
2100 Stardust Ct Alamogordo, NM 88310
52-Unit Apartment Complex, High Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- $4,724,000 asking price for a 52-unit apartment building in Alamogordo, NM.
- 7.25% cap rate, 7.98% pro-forma cap rate, with a NOI of $342,544 and a pro-forma NOI of $377,100.
- Recently renovated (2022) 52-unit multifamily property, consisting of 7 buildings on a 1.92-acre lot.
- Located near White Sands National Monument and Holloman Air Force Base.
- Property features a mix of studio, one-bedroom, and two-bedroom units.
Property Details for 2100 Stardust Ct
- Property type
- Apartment buildings
- Year Built/Renovated
- 1987/2022
- Buildings
- 7
- Stories
- 2
- Lot Size (sq. ft)
- 83,635 SF
- Units
- 52
Location Insight
- City
- Alamogordo
- County
- Otero
- State
- New Mexico
- Latitude
- 32.892283699381
- Longitude
- -105.93462484764
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 52-Unit Apartment Complex, High Cap Rate
- Where is the apartment building located?
- The property is located at 2100 Stardust Ct Alamogordo, NM.
- What is the asking price?
- The asking price for this property is $4,724,000.
- What are key features of this property?
- This property features: $4,724,000 asking price for a 52-unit apartment building in Alamogordo, NM.; 7.25% cap rate, 7.98% pro-forma cap rate, with a NOI of $342,544 and a pro-forma NOI of $377,100.; Recently renovated (2022) 52-unit multifamily property, consisting of 7 buildings on a 1.92-acre lot.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Visit Broker Website