Alamogordo, NM Residential income properties for sale

Updated: Jun 29

32-Unit Apartment Building

1301-1325 Fillmore Avenue, Alamogordo, NM 88310

$4,099,999

30,952 sqft 1.32 AC lot

32 units across four 2‑story buildings with 8 units each
All units are 2‑bed, 1‑bath totaling 967 SF
Built in 1983 on 1.32 acres
Fully renovated as of 2024 after more than $1,200,000 in upgrades
Presented as stabilized with 7.21% current cap rate at 100% occupancy

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Updated: Jul 9

Mobile Home and RV Park Community

1000 MESCALERO AVE, Alamogordo, NM 88310

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Mescalero MHP in Alamogordo, NM on 2.33 acres (YB 1983) with city water and city sewer
25 total rentable units with about 92% occupancy: 23 occupied and 2 vacant park‑owned RVs
Unit mix includes 6 apartments plus RV and mobile home units: 6 occupied park‑owned RVs, 1 tenant‑owned mobile home, and 10 tenant‑owned RVs
Two vacant park‑owned RVs provide immediate potential for lease‑up while keeping the existing footprint
Multiple income streams from a combination of RV, tenant‑owned, park‑owned, and apartment rentals

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Small RV Park With Mobile Home

23 Dingo Rd, Alamogordo, NM 88310

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RV park offering eight full-hookup spaces plus a permanent-foundation 2-bed mobile home with multiple outbuildings.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 3 Active listings in Alamogordo, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

Corner-Lot Quadplex

101 Lynx Ave, Cloudcroft, NM 88317

$395,000

1,760 sqft 0.12 AC lot

Corner-lot quadplex configured as two duplexes, totaling five bedrooms and five bathrooms with propane service and a wood-burning fireplace.

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18-Space Mobile Home Park

1 Sams Place, La Luz, NM 88337

$1,300,000

21,000 sqft 3.66 AC lot

Established park with room and infrastructure for additional home placements.

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Mobile Home & RV Park Investment

La Luz, NM 88337

$1,300,000

3.46 AC lot

Mobile home and RV park on 3.46 acres with 29 total spaces and separately metered manufactured homes.

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Mobile Home & RV Park with Covered RV

33 Pine Ridge, Cloudcroft, NM 88317

$85,000

0.15 AC lot

Zoned Mobile Home Parks, this small lot includes a covered RV with deck and an on-site storage building.

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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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27 Acres Residential Land

1653 Ocotillo DR, Alamogordo, NM 88310

$299,000

27.00 AC lot

Residential subdivision development opportunity in Alamogordo, New Mexico.

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Land with Mountain Views

Lady Of The Mountain lot: 2D, Alamogordo, NM 88310

$82,000

4.83 AC lot

4.825 acre lot with privacy in gated community.

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Residential Land Near Grindstone Lake

104 Middle Fork lot: 44A, Ruidoso, NM 88345

$95,000

0.48 AC lot

0.485 acre lot near National Forest and Grindstone Lake.

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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.

Land

0 Hamilton Rd, Alamogordo, NM 88310

Value Estimation by Request

32.00 AC lot

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Land

1005 9Th St, Alamogordo, NM 88310

Value Estimation by Request

0.80 AC lot

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Multifamily properties

2100 Stardust Ct, Alamogordo, NM 88310

Value Estimation by Request

1.92 AC lot

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Land

0 Divers Cv, Alamogordo, NM 88310

Value Estimation by Request

4.84 AC lot

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Alamogordo, NM Residential Income Properties Market Trends and Statistics

Explore 7 residential income properties for sale in Alamogordo, NM, showcased through 3 active listings 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 residential income properties in Alamogordo, NM average $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.

Neighborhood	Average Price
88310	$4.1M

Neighborhood

Average Price

88310

$4.1M