Alamogordo, NM Multifamily properties 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.

Luxury Brand-New Fourplex

1323 Mission Nuevo Drive, Las Cruces, NM 88011

$1,300,000

0.26 AC lot

Turnkey fourplex with four identical two-story units, individually metered utilities, and attached double-car garages.

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Ruidoso Investment Property Opportunity

138 Paradise Canyon Drive, Ruidoso, NM 88345

$305,000

0.95 AC lot

Triplex with commercial potential in Ruidoso, near Rio Ruidoso.

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Ruidoso Commercial Zoned Property

138 Paradise Canyon Dr, Ruidoso, NM 88345

$305,000

1,455 sqft

Investment property with remodeling started near Rio Ruidoso.

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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.

Land with Potential Utility Access

26 White Mountain Road, Tularosa, NM 88352

$40,000

2.71 AC lot

2+ acre land near Alamogordo, NM, sold as-is.

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Half-Acre Lot with Mountain Views

Sunrunner Avenue, Las Cruces, NM 88012

$62,500

0.50 AC lot

Half-acre lot with Organ Mountain views, mobile homes welcome.

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Spacious Lot with Mountain Views

9200 El Centro Boulevard lot: 4, Las Cruces, NM 88012

$86,000

1.00 AC lot

1.16-acre lot with mountain views, ready for your dream home.

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Land in Las Cruces, NM

7563 El Centro Boulevard, Las Cruces, NM 88012

$133,500

4.04 AC lot

4.04 acre lot zoned for house or mobile home.

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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 Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties 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 multifamily properties 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 Multifamily Properties for Sale

1301-1325 Fillmore Avenue, Alamogordo, NM 88310