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    La Luz, NM
    Multifamily

    La Luz, NM Multifamily Properties for Sale

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    Alamogordo, NM High Rolls Mountain Park, NM Tularosa, NM Cloudcroft, NM
    29-Space Manufactured Housing Community
    Updated: Oct 6, 2025
    29-Space Manufactured Housing Community

    1 Thru 16 Sams Court, La Luz, NM 88337

    $1,300,000
    3.46 AC lot
    3.46‑acre manufactured housing property with 29 platted spaces
    10 renovated homes, all currently occupied
    Renovation work has addressed roofing, plumbing, and HVAC
    Electric service is separately metered; community water serves the property
    Assessor records and drawings reflect approximately 20–21 spaces due to homes crossing original lot lines
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    1 active listing matches your search: Multifamily for sale in La Luz, NM. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 land listing with development potential.

    Opportunities in Nearby Cities

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

    52-Unit Apartment Community
    52-Unit Apartment Community

    2100 Stardust Court, Alamogordo, NM 88310

    $4,625,000
    30,020 sqft 1.98 AC lot

    The apartment mix includes studio, one-bedroom, and two-bedroom residences, with two units featuring garages.

    View details
    12-Unit Two-Level Apartment Building
    12-Unit Two-Level Apartment Building

    106 Granite Dr, Ruidoso, NM 88345

    $2,500,000
    14,336 sqft

    Fully leased residences feature two-level layouts with private decks, fireplaces, and multiple baths.

    View details
    40-Unit Apartment Building
    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.

    View details
    32-Unit Apartment Property
    32-Unit Apartment Property

    1301-1325 Fillmore Avenue, Alamogordo, NM 88310

    $4,099,999
    30,952 sqft 1.32 AC lot

    Four two-story buildings offer consistent two-bedroom, one-bath layouts across the complex.

    View details

    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
    Land with Potential Utility Access

    26 White Mountain Road, Tularosa, NM 88352

    $32,900
    2.71 AC lot

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

    View details

    La Luz, NM Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in La Luz, NM on our real estate platform.

    Sale prices for multifamily properties in La Luz, NM average $1,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Mobile home & RV parks 1

    Demographics Overview

    Population 1,945
    Population Growth (5Y) -9.1%
    Median Household Income $58,171
    College Educated 32.9%

    High-Yield Neighborhoods for Investment

    Identify La Luz submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    88337 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.95%
    Property Tax per SF $93.11 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Otero County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Most Searched ZIP Codes in La Luz, NM

    • 88337
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