For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated 32-Unit Apartment Community Title is generated by Realmo AI

    1301-1325 Fillmore Avenue, Alamogordo, NM 88310

    View on Map
    Claim this Listing
    For Sale
    $4,099,999

    MULTI_FAMILY - Alamogordo, NM

    Property size:
    30,952 SF
    Lot size:
    1.32 Acres
    Price / SF:
    $132/SF
    Added:
    Jun 29, 2026
    Days on Market:
    11
    Last Refresh:
    Jul 9 at 4:06 pm

    Property Features for 1301-1325 Fillmore Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    16
    Bathrooms
    8
    Rooms
    Bedroom 15, Bathroom 1, Bedroom 3, Bathroom 7, Bedroom 8, Bathroom 4, Bedroom 13, Bedroom 10, Bedroom 4, Bedroom 11, Bedroom 6, Bedroom 12, Bedroom 5, Bedroom 16, Bathroom 2, Bathroom 3, Bedroom 7, Bedroom 14, Bedroom 2, Bathroom 8, Bedroom 9, Bathroom 5, Bedroom 1, Bathroom 6
    Parking
    52
    Interior features
    CeilingFans
    Exterior features
    Lighting
    Appliances
    Dryer, Dishwasher, FreeStandingElectricRange, Microwave, Refrigerator, Washer
    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
    Forced Air, Central
    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

    We can help!

    Contact an agent
    Kyle E Deacon

    Listing agent Kyle E Deacon License #15579

    Listing office Deacon Property Services 4308 Carlisle Blvd NE Ste. 102, Albuquerque, NM

    Listing date Jun 29, 2026

    MLS# 1106535 Listing URL

    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.

    HighLights

    • 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%
    • Leases roll through 2026–2027; current rents trail comparables by $100–$155

    Overview

    Freedom Flats is a 32-unit multifamily property comprised of four two-story buildings with eight units each. The community was built in 1983 and is set on 1.32 acres. All units are two-bedroom, one-bath layouts, totaling 967 square feet per unit. The property has been fully renovated as of 2024, following more than $1,200,000 in interior and exterior upgrades.

    The buildings are located at 1301–1325 Fillmore Avenue in Alamogordo, New Mexico (Otero County). The offering includes a stabilized operation with 100% occupancy and a clean rent roll. Leases are in place through 2026–2027.

    From an ownership and tenant perspective, the consistent unit mix and recently completed renovations support day-to-day manageability. The current offering is described as cash-flowing, with a 7.21% current cap rate, and is priced at $128,125 per unit. The remarks note that current rents trail comparable figures by $100–$155, and that the existing lease structure extends several years.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Alamogordo
    County
    Otero
    State
    New Mexico
    Longitude
    -105.938792
    Latitude
    32.902368

    FAQs

    What type of property is this?
    Apartment building - 32-unit, all 2-bed/1-bath complex on four two-story buildings with recent interior and exterior upgrades.
    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‑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
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message