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2100 Stardust Court

Alamogordo, NM 88310
  • $4,724,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 1064929
$4,724,000
  • 0
    BEDS
  • 1.98
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 30,020
    SQFT
  • $157
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1987
County:
Area:

School Ratings & Info

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

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IDX information © 2024 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Campbell & Campbell Real Estate Services. Data last updated: 2024-07-19T00:05:23.87.
www.metrohomesearch.com/homes/151561670
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2100 Stardust Court Alamogordo, NM 88310

  • Price: $4,724,000
  • Status: Active
  • On Site: 37 Days
  • MLS #: 1064929
0
Beds
1
Baths
0
½ Baths
1.98
Acres
30,020
SQFT
$157
$/SQFT
1987
Built
Neighborhood:
Fisher Subd.
County:
Otero
Area:
550 - Otero
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
Exterior Features

Construction Materials Frame Exterior Features Landscaping Levels Two

Interior Features

Appliances Refrigerator Basement YN No Flooring Carpet Vinyl Heating Central Forced Air Heating YN Yes

Property Features

Accessibility Features None Additional Parcels YN Yes Builder Name Unknown Building Area Total 30020 Green Energy Generation None Gross Income 486780 Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional New Construction YN No Operating Expense 144236 Property Condition Resale Property Sub Type Multi Family Tax Annual Amount 6540.52 Tenant Pays Other See Remarks Utilities Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected Zoning Description R-2

Southwest MLS] logo Listing courtesy of NM Apartment Advisors, Inc.: (505) 440-8633. © 2024 Southwest Multiple Listing Service, Inc.


IDX information © 2024 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Campbell & Campbell Real Estate Services. Data last updated: 2024-07-19T00:05:23.87.
 
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Campbell & Campbell Real Estate Services
5716 Osuna Rd NE
Albuquerque NM, 87109