2100 Stardust Court, Alamogordo, NM

$4,724,000

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1

Bath

30,020

Square feet

1.98

Acres

About 2100 Stardust Court

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

Features of 2100 Stardust Court

MLS® # 1064929
Price $4,724,000
Bathrooms 1.00
Square Footage 30,020
Acres 1.98
Year Built 1987
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 2100 Stardust Court
Area 550 - Otero
Subdivision Fisher Subd.
City Alamogordo
County Otero
State NM
Zip Code 88310

Amenities

Utilities Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Is Waterfront No
Has Pool No

Interior

Interior Carpet, Vinyl
Appliances Refrigerator
Heating Central, Forced Air
Fireplace No
# of Stories 2
Stories Two

Exterior

Exterior Features Landscaping
Construction Frame

Additional Information

Date Listed June 11th, 2024
Days on Market 35
RE / Bank Owned No

Listing Details

OfficeNM Apartment Advisors, Inc.

Listing Map

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