Fisher homes for sale in Alamogordo, NM

Fisher is a residential subdivision in the Otero area of Alamogordo, New Mexico, in Otero County (88310). 1 home is currently for sale.

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1 Property
Fisher
Otero
Land Residential Residential Income
$4,625,000

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

5
BEDS
4
BATHS
30,020
SQFT
1.98
ACRES
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

Explore nearby subdivisions in Alamogordo Area

Looking beyond Fisher? These nearby subdivisions in the Alamogordo area have homes on the market now. Each one has its own character and price range, so comparing a few is the quickest way to find the right fit.

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