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2100 Stardust Ct

Alamogordo NM 88310

1
30020 sq. ft.
86336 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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

1 bathroom
30020 sq. ft. floor area
86336 sq. ft. lot size
Multi-Family

Property history for 2100 Stardust Ct

2019
Sold
Undisclosed
19 Nov 2019 by Todd Clarke CCIM, of NM Apartment Advisors, Inc.

Happy sellers in Alamogordo

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Local market activity for multi families in Alamogordo

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Sales:
(619) 566-0008
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