The Pines Apartments
2161 Stardust Ct #2100, Alamogordo, NM, 88310
ID cd1b9bd4
Overview
The Pines Apartments is a 52-unit multifamily investment property located at 2161 Stardust Ct in Alamogordo, New Mexico. The property comprises approximately 32,329 square feet across seven buildings on 1.32 acres and is zoned R-4 for multiple-family dwelling use.The community has been recently renovated and updated, including interior renovations and a new roof installed in 2019. Unit amenities include washer and dryer hookups, fireplaces, and decks or patios. Studio units feature Murphy beds, and two-bedroom units include garages.The property is offered for sale at $4,625,000 and is reported at a 7.5% cap rate.52 total unitsFour single garagesFramed constructionParcel APNs: 01N4057094015453, 01N4057094021435, 01N4057094030452, 01N4057094030435, and 01N4057094041452
