2100 Stardust CT Active Save Request In-Person Tour Request Virtual Tour
Alamogordo,NM 88310
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 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