1301 Fillmore Avenue, Alamogordo, NM 88310
New Listing
$4,099,999
Property Type:
Multi-Family
Bedrooms:
64
Baths:
32
Square Footage:
30,952
Lot Size (sq. ft.):
57,499
Status:
Active
Current Price:
$4,099,999
List Date:
7/08/2026
Last Modified:
7/08/2026
Overview
Description
Listing Details MLS# 2602162
Location, Tax & Legal
- Number
- 1301
- Street Name
- Fillmore
- St Suffix
- Avenue
- County
- Otero
- State
- NM
- Zip Code
- 88310
- Area
- 845 - Alamogordo
- Subdivision
- Aspen Park
- Zip +4
- 5064
- Account Number
- R012456, R012461, R012460, R012459, R012456
- Parcel Number
- 01N4056094416081
- Add Account Number
- R012456, R012461 R012460, R012459
- Add Parcel Number
- R012456, R012461 R012460, R012459
- Legal
- Lots 7-10, Aspen Park
Contract Information
- Qualifying Broker Name
- Kyle Deacon & Marvid Charlson
- Qualifying Broker License #
- 15579 / 20397
- Qualifying Broker Address
- 4308 Carlisle Blvd NE, Ste. 102 Albuquerque, NM 87107. 205 Boutz Bldg 6 Ste B. Las Cruces, NM 88005
- Property Sub-Type
- Apartment Complex
- Asking Price
- 4099999
- Number of Units
- 32
- Term Date
- 2026-07-02
- Marketing Date
- 2026-07-06
General Property Info
- HOA
- No
- Use of Electronic Document Transmission
- Yes
- Property in PID
- No
- Green Certified
- No
- Actual Lot Size Source
- Public Records
- Lot SqFt
- 57499
- Lot Acres
- 1.32
- Parking Capacity
- 52
- #2 Br SqFt
- 967
- Appx House SqFt
- 30952
- # Bedrooms
- 64
- Total Baths
- 32
- Year Built
- 1983
- Age
- 31 to 40 Years
- Rent/2 BR Each
- 1095
- Gross Income Month
- 35010
- Total (Est) Expense Month
- 11266
- Earnest Money Payable To
- Title Company
- 3rd Party Approval
- No
- Short Sale
- No
- REO/Bank Owned
- No
- Owner Financing
- No
- Court Approval
- No
Fence
- Other - See Remarks
- No fencing
Occupancy
- Other - See Remarks
- see flyer and APOD
- Over 95% Occupancy
- Yes
Type of Tenancy
- Other - See Remarks
- see flyer and APOD
- 12 Months
- Yes
More Information
Appliances
- Other - See Remarks
- Microwave Hood
- Dishwasher
- Yes
- Oven/Range
- Yes
- Refrigerator
- Yes
Unit Features
- Other - See Remarks
- see flyer and APOD
- Common Outside Laundry
- Yes
- Private Bath
- Yes
- Private Outside Entry
- Yes
Amenities (Common)
- Other - See Remarks
- see flyer and APOD
- Central Laundry
- Yes
Remarks & Misc
- Agent Wrote all Remarks
- Yes
- Advertising Remarks
- Freedom Flats is a 32-unit multifamily investment located at 1301, 1309, 1317, & 1325 Fillmore Avenue in Alamogordo, New Mexico. The property features four 2-story buildings with 8 units each, built in 1983 on 1.32 acres total. All 32 units are 2 bed 1 bath units with 967 sf per unit. The property has undergone over $1,200,000 in interior and exterior upgrades and is fully renovated as of 2024. Stabilized and cash-flowing, this investment offers a 7.21% current cap rate at 100% occupancy with a clean rent roll. The property is priced at $128,125 per unit and is priced below replacement cost. Current rents trail the comp set by $100-$155, and leases roll through 2026-2027, meaning rent growth is built in and requires no additional investment.
Parking Type
- Paved Area
- Yes
Possession
- At Funding
- Yes
Will Sell
- Cash
- Yes
- Conventional
- Yes
Construction
- Frame
- Yes
- Slump Block
- Yes
- Stucco
- Yes
Cooling
- Evaporative Central
- Yes
# of Floors
- Two
- Yes
Condition
- Good to Excellent
- Yes
Heating
- Forced Air
- Yes
Roofing
- Asphalt
- Yes
- Pitched
- Yes
Flooring/Foundation
- Heavy Duty
- Yes
- Vinyl
- Yes
- Other - See Remarks
- Luxury Vinyl Plank
Util/Serv Included In Rent
- Other - See Remarks
- see flyer and APOD
Water
- City Water
- Yes
Sewer
- City Sewer
- Yes
Property Features
Parking Type:
Paved Area
Possession:
At Funding
Will Sell:
Cash; Conventional
Occupancy:
Over 95% Occupancy
Type of Tenancy:
12 Months
# of Floors:
Two
Condition:
Good to Excellent
Construction:
Frame; Slump Block; Stucco
Roofing:
Asphalt; Pitched
Heating:
Forced Air
Cooling:
Evaporative Central
Appliances:
Dishwasher; Oven/Range; Refrigerator
Unit Features:
Common Outside Laundry; Private Bath; Private Outside Entry
Amenities (Common):
Central Laundry
Water:
City Water
Sewer:
City Sewer
Tax Levy ›
Listing Office:
Deacon Property Services, LLC
Last Updated: July - 08 - 2026
Information deemed reliable but not guaranteed.