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Otero County, NM Multifamily Properties for Sale

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La Luz Mobile Home Park
$1,300,000
3.46 Acres

La Luz Mobile Home Park

1 Sams Ct, La Luz, NM 88337

20-space mobile home park on 3.46 acres in La Luz, NM.

  • High Cap Rate: Approximately over 6% offers a strong return on investment.
  • Value‑Add Potential: Opportunity to add 3‑4 additional homes to maximize returns.
  • Large Lot Size: 3.46 acres provides ample space for flexible management and future improvements.
  • Steady Income Potential: Established 20‑space mobile home park generates consistent revenue.
  • Convenient Location: Minutes from Alamogordo, providing easy access to amenities.
Last Update: Oct 23
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Alamogordo Multifamily Investment
$4,724,000
1.92 Acres

Alamogordo Multifamily Investment

2100 Stardust Ct, Alamogordo, NM 88310

52-Unit Apartment Complex, High Cap Rate

  • $4,724,000 asking price for a 52‑unit apartment building in Alamogordo, NM.
  • 7.25% cap rate, 7.98% pro‑forma cap rate, with a NOI of $342,544 and a pro‑forma NOI of $377,100.
  • Recently renovated (2022) 52‑unit multifamily property, consisting of 7 buildings on a 1.92‑acre lot.
  • Located near White Sands National Monument and Holloman Air Force Base.
  • Property features a mix of studio, one‑bedroom, and two‑bedroom units.
Last Update: Dec 11, 2024
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Based on your search, we've compiled 3 Potential Opportunities for your consideration. Besides 2 Active listings in Otero County, NM, we suggest exploring several alternatives: similar 1 Off-Market properties to explore as potential leads

Explore Off-Market Properties in Otero County, NM

Consider similar Off-Market properties in Otero County, 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.

2100 Stardust Ct

2100 Stardust Ct

Multifamily properties • 1.92 Acres
Value Estimation by Request
2100 Stardust Ct, Alamogordo, NM 88310
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Otero County, NM Multifamily Properties Investment Opportunities Market Analysis

Explore 3 multifamily properties for sale in Otero County, NM on our real estate platform. These investment opportunities span a total of 234,353 square feet of properties for sale, with an estimated market value of $6,024,000.

Prices for multifamily properties in Otero County, NM start at $1,300,000, averaging $3,012,000, and reaching up to $4,724,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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