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2100 Stardust, Alamogordo, NM 88310

$2,125,000
Multi Family MLS# 889003 ID: 52043371
$2,125,000 Get Rates

9 or More Units - Alamogordo, NM
The recently renovated and refreshed and Pines apartments are back on the market.Offered by original developer's family, the Pines apartments are located on a street infused with tall pine trees and mature landscaping.Built in 1986-7 and refreshed in the last few months, at the ask price of $2,125,000 and with an average rent of $459, the property measure of investment performance include a GRM of 67.42, a before reserves CAP rate of 8.31%, 14.02% cash on cash, and an after Tax IRR of 14.5%.If rents were bumped to market of $539, the CAP Rate improves to 10.41% and the cash on cash to 18.23%.

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Location Information near 2100 Stardust
Offered by Todd D Clarke at NM Apartment Advisors, Inc.

Would you like more information regarding this property?
Please call (505) 440-8633.

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Property Features for 2100 Stardust
Status
Market Status
Available
Last Updated
February 19, 2019
Description
Property Type
Multi Family
Year Built
1987
Stories
2.0
Approx. Lot Size
1.92 Acres
Sq. Feet
32,328

Appliances

  • Refrigerator

Building Features

  • Cooling System: Evaporative
  • Stories: 2.0
  • Heating Fuel: Natural Gas

Exterior Features

  • Exterior Construction: Board and Batten

Interior Features

  • Floors: Carpet; Vinyl

Legal/Financial

  • Taxes: 1043

Listing Features

  • Property Type: MultiFamily; 9 or More Units
  • Todd D Clarke
  • NM Apartment Advisors, Inc.

Data Provided by Southwest MLS
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More information about this $2,125,000 Multi Family at 2100 Stardust

This $2,125,000 Multi Family at 2100 Stardust in Alamogordo, NM is presented by Todd D Clarke. This $2,125,000 Multi Family, located in the 88310 zip code, has the following property features: Cooling System, Property Type, Floors, Heating Fuel. This 2100 Stardust Multi Family, located in Otero County , is listed under MLS listing number 889003 and has a listing price of $2,125,000. You can find more Alamogordo homes for sale here.