Renovated 32-Unit Apartment
For Sale
$4,099,999
1301-1325 Fillmore Avenue, Alamogordo, NM 88310
ResidentialIncome, Alamogordo, NM
Property Size30,952 SF
Lot Size1.32 Acres
Price / SF$132.46
Days on Market107
Property Features for 1301-1325 Fillmore Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
R-4
Bedrooms
16
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 15, Bathroom 8, Bathroom 6, Bedroom 12, Bedroom 14, Bedroom 11, Bathroom 1, Bedroom 4, Bedroom 6, Bedroom 16, Bathroom 4, Bedroom 5, Bathroom 2, Bedroom 13, Bedroom 10, Bathroom 5, Bedroom 3, Bedroom 1, Bedroom 7, Bedroom 8, Bedroom 9, Bathroom 7, Bathroom 3, Bedroom 2
Parking
52
Interior features
CeilingFans
Exterior features
Lighting
Appliances
Dryer, Dishwasher, FreeStandingElectricRange, Microwave, Refrigerator, Washer
Directions
From N. White Sands Blvid: Take Indian Wells Rd to Fillmore Avenue.
Subdivision
550 - Otero
Standard status
Active
APN
O1N4056094416081
Size
30,952 SF
Lot size
1.32 Acres
Taxes and HOA fees
Tax Annual Amount
14787
Utilities
Heating system
Central, Forced Air
Cooling system
Ceiling Fan(s)
Building Details
Year built
1983
Floors in Building
2
Number of units
32
Flooring type
Vinyl
Building materials
Frame, SlumpBlock
Listing Agency:
Deacon Property Services
(505) 878-0100
Listed By:
Kyle E Deacon · License #15579
(505) 803-3775
Added: Jun 29
Changed: Sep 14
Last Checked: Oct 13 at 4:06PM
MLS# 1106535
Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 32-unit apartment property comprises four two-story buildings with eight residences each. The units are configured as two-bedroom, one-bath apartments measuring 967 square feet, with vinyl flooring, ceiling fans, forced-air heating, central cooling, and a range of appliances. The buildings use frame and slump-block construction and were completed in 1983. Renovation work was completed in 2024, including interior and exterior upgrades.
The property occupies 1.32 acres at 1301-1325 Fillmore Avenue in Alamogordo, New Mexico, and contains 30,952 square feet. Current occupancy is 100%, with a 7.21% current cap rate. Existing leases extend through 2026-2027, providing a defined lease schedule across the apartment community.
The property occupies 1.32 acres at 1301-1325 Fillmore Avenue in Alamogordo, New Mexico, and contains 30,952 square feet. Current occupancy is 100%, with a 7.21% current cap rate. Existing leases extend through 2026-2027, providing a defined lease schedule across the apartment community.
Key Highlights
- 32 apartments across four two‑story buildings, with 8 units per building
- All units are 2 bed, 1 bath and measure 967 sf
- Fully renovated as of 2024 following interior and exterior upgrades
Property Analytics
Current Use
Lease Details
32
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
520
Businesses Nearby
Explore this area
Business Placement
Demographics for 88310, NM
35,935
Population
18,112
Households
2
Avg Household Size
40
Median Age
25%
College-Educated
92%
High-School Grad
618.9 sq mi
ZIP Area
58
Density / Sq Mi
$53,833
Median Household Income
$35,616
Median Earnings
$877
Median Rent
$164,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Four two-story buildings contain renovated two-bedroom, one-bath residences with updated interiors and household appliances.
Where is this apartment building located?
The property is located at 1301-1325 Fillmore Avenue Alamogordo, NM.
What is the asking price?
The asking price for this property is $4,099,999.
What are key features of this property?
This property features: 32 apartments across four two‑story buildings, with 8 units per building; All units are 2 bed, 1 bath and measure 967 sf; Fully renovated as of 2024 following interior and exterior upgrades
