Alamogordo, NM Apartment buildings for sale

Updated: Jun 29

Renovated 32-Unit Apartment Community

1301-1325 Fillmore Avenue, Alamogordo, NM 88310

$4,099,999

30,952 sqft · 1.32 AC lot

32‑unit multifamily property at 1301–1325 Fillmore Avenue, Alamogordo, NM
Four 2‑story buildings with 8 units each; built in 1983 on 1.32 acres total
All 32 units are 2 bed/1 bath, totaling 967 SF per unit
Fully renovated as of 2024 with over $1,200,000 in interior and exterior upgrades
Stabilized with 100% occupancy and a clean rent roll; current cap rate of 7.21%

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Based on your search, we've compiled 10 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Brand-New Duplex-Style Multifamily

6002 1/2 PAM MCCALL Lane, El Paso, TX 79924

$850,000

0.28 AC lot

New 6-unit complex planned for July 2026 with individually metered utilities and tenant in-unit laundry provisions.

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Las Cruces Multifamily Investment Property

311 Hurt Road, Las Cruces, NM 88007

$800,000

2.71 AC lot

Five income-producing units on 2.71 acres in Las Cruces.

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El Paso Multifamily Opportunity

14940 WHITETAIL DEER Drive, El Paso, TX 79938

$480,000

9,299 sqft · 0.41 AC lot

Multifamily property for sale in El Paso, Texas.

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Roadrunner Parkway Multifamily Development Site

Roadrunner Pkwy, Las Cruces, NM 88012

$1,045,000

Development site suitable for assisted living or apartments.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

El Paso Vacant Residential Land

4936 Titanic Avenue, El Paso, TX 79904

$95,172

0.21 AC lot

9,270 sq ft vacant lot in established El Paso neighborhood.

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Norman Land For Luxury Condos

801 NW 36th Avenue, Norman, OK 73072

$285,000

0.74 AC lot

Prime Norman land suitable for luxury condos development.

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Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000

0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Pahrump Land Investment Opportunity

2001 Casino Street, Pahrump, NV 89048

Contact for pricing

0.31 AC lot

0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

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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 start at $4,099,999, averaging $4,099,999, and reaching up to $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.

Alamogordo, NM Apartment Buildings for Sale

1301-1325 Fillmore Avenue, Alamogordo, NM 88310