Alamogordo, NM Apartment buildings for sale

Updated: Jun 29

32-Unit Apartment Building

1301-1325 Fillmore Avenue, Alamogordo, NM 88310

$4,099,999

30,952 sqft 1.32 AC lot

32 units across four 2‑story buildings with 8 units each
All units are 2‑bed, 1‑bath totaling 967 SF
Built in 1983 on 1.32 acres
Fully renovated as of 2024 after more than $1,200,000 in upgrades
Presented as stabilized with 7.21% current cap rate at 100% occupancy

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Alamogordo, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

40-Unit Apartment Building

110 Starlite Rd, Ruidoso, NM 88345

Contact for pricing

28,400 sqft 9.00 AC lot

C-1 Commercial property with renovated interiors, mountain views, and on-site laundry facilities.

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Redevelopment Lodge with 16 Units

107 El Paso Road, Ruidoso, NM 88345

$990,000

Redevelopment-ready property with updated building systems and finish-to-suit options for hospitality, apartments, or office uses.

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12-Unit Condominium Apartment Building

820 Mormon Place, Las Cruces, NM 88011

$1,550,000

For sale 12 well-maintained 2-bedroom, 1.5-bath condominiums with resident and guest parking.

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Roadrunner Parkway Multifamily Development Site

Roadrunner Pkwy, Las Cruces, NM 88012

Contact for pricing

Development site suitable for assisted living or apartments.

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Off-Market Properties in Alamogordo, NM

Consider similar Off-Market properties in Alamogordo, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Multifamily properties

2100 Stardust Ct, Alamogordo, NM 88310

Value Estimation by Request

1.92 AC lot

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Alamogordo, NM Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Alamogordo, NM on our real estate platform. These investment opportunities span a total of 30,952 square feet of properties for sale, with an estimated market value of $4,099,999.

Sale prices for two-family homes in Alamogordo, NM average $4,099,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
88310	$4.1M

Neighborhood

Average Price

88310

$4.1M

Alamogordo, NM Apartment Buildings for Sale

1301-1325 Fillmore Avenue, Alamogordo, NM 88310