Alamogordo, NM 88310,2100 Stardust CT
Alamogordo, NM 88310,2100 Stardust CT
Alamogordo, NM 88310,2100 Stardust CT
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Listed by NM Apartment Advisors, Inc.
$4,724,000
Est. payment /mo
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 30,020 sqft

Price per Sqft $157

Subdivision Fisher Subd.

MLS Listing ID 1064929

Construction Status Resale

HOA Y/N No

Year Built 1987

Annual Tax Amount $6,540

Lot Size 1.980 Acres

Acres 1.98

Lot Dimensions Public Records

Property Sub-Type Multi Family

Property Description

This 52-unit community is nestled in tall pines trees on a cul-de-sac 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 52 unit community has solid 2''x6'' construction, higher end finishes and vaulted ceilings in the upstairs units. The property contains 24 studios, 24 x 1 bedroom/1 bathrooms and 4 two bedrooms, two of which have garages.Based on an ask price of $4,724,000 the current average rents of $821 per month, the property's measures of investment performance include a 9.22 GRM, 7.50% cap rate before reserves

Location

State NM

County Otero

Area 550 - Otero

Interior

Heating Central, Forced Air

Flooring Carpet, Vinyl

Fireplace No

Appliance Refrigerator

Exterior

Exterior Feature Landscaping

Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Accessibility None

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Resale

Others

Tax ID 01n4057094015453

Acceptable Financing Cash, Conventional

Green/Energy Cert None

Listing Terms Cash, Conventional


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2100 Stardust CT