- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
Street View
$4,099,999
Monthly Est:$20,407
16 Beds
8 Baths
30,952sqft
1301-1325 Fillmore Ave, Alamogordo, NM 88310
$4,099,999
$20,407/moEst:
Get Pre-Approved
Multi Family
Built in 1983
$-- HOA
1.32 acres lot
$132/sq.ft
Description
Freedom Flats is a 32-unit multifamily investment located at 1301 - 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 totaling 967 sf. 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 comparables by $100-$155, and leases roll through 2026-2027, meaning rent growth is built in and requires no additional investment.
- Houzeo last checked: 11 hours ago
- Listing updated: July 22, 2026 at 1:51 am
- Listing Provided by: Kyle E Deacon (505) 878-0100 DRE #15579 | Deacon Property Services (505) 878-0100
- Source: Greater Albuquerque AOR (SWMLS) MLS-NM | MLS#: 1106535
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1983
HOA Fees
-
Finished Area
30,952 sqft
Lot Size
1.32 acres lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1106535
MLS Status
Active
Days on Market
113
Cumulative Days on Market
20
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 16
Bathrooms: 8
Interior
Cooling
Refrigerated, Ceiling Fans
Exterior Features
Lighting
Flooring
Vinyl
Heating
Central, Forced Air
Interior Features
Ceiling Fans
Appliances
Dryer, Dishwasher, Free Standing Electric Range, Microwave, Refrigerator, Washer
Construction
Year Built
Year Built: 1983
Home type
Multi Family
Property Condition
Resale
Construction Materials
Frame, Slump Block
Utilities & Energy
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Laundry Features
Washer Hookup, Dryer Hookup, In Unit
Other Features
Disclosures
Principal Is Real Estate Licensed, Ranm2100disclosure
Tenant Pays
Electricity, Gas, Other, See Remarks
Community Features
Laundry Facilities
Price History
| Date | Event | Price |
|---|---|---|
07/01/2026 Source: | Listed for Sale | $4,099,999 +210696.86% $132/sqft |
10/29/2021 Source: | Price Increased | $1,945 +1.04% $0/sqft |
10/29/2021 Source: | Price Increased | $1,925 +55.24% $0/sqft |
10/01/2014 Source: | Price Decreased | $1,240 -0.80% $0/sqft |
04/25/2013 Source: | Price Decreased | $1,250 -98.91% $0/sqft |
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Based on information from the Greater Albuquerque Association of REALTORS® (alternatively, from the Southwest MLS) through Oct 22, 2026, 03:47PM. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by The Service. © 2026 Greater Albuquerque Association of REALTORS®. All Rights Reserved.
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