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2100 Stardust Court

Alamogordo, NM 88310

$4,724,000
1 ba • 30,020 sqft • 1.98 acres
2 Story
Stories
$157
Per SQFT
1987
Year Built
06/11/2024
Listing Date
1064929
Listing #
88310
Zip Code

About This Property

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

Interior

Bathrooms Total: 1
Appliances: Refrigerator
Flooring: Carpet, Vinyl

Building And Construction

Property Type: Residential Income
Building Area Total: 30,020 sqft
Year Built: 1987
Construction Materials: Frame
Levels: Two
Number Of Units Total: 52
Stories: 2
Property Condition: Resale

Exterior And Lot

Lot Size Acres: 1.98
Lot Size Square Feet: 86,336 sqft
Exterior Features: Landscaping

Provisional

MLS #: 1064929
Gross Income: 486780
Listing Terms: Cash, Conventional
Number Of Buildings: 6
Operating Expense: 144236
Tenant Pays: Other, See Remarks

Area And Schools

City: Alamogordo
Postal Code: 88310
MLS Area Major: Otero
Subdivision: Fisher Subd.
County: Otero
Parcel Number: 01n4057094015453

Utilities

Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Heating: Central, Forced Air
Heating (Y/N): Yes

Location

Directions: From White Sands Blvd and 1st street east to Moonglow, north to property and Stardust Court
Listing courtesy of NM Apartment Advisors, Inc.
Southwest MLS Logo 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-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

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Daria Derebera Realtor

Daria Derebera

Real Estate Agent in Albuquerque, NM

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