Alamogordo, NM High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Alamogordo, New Mexico Market population: 220K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Alamogordo NM Properties: 85.0000%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Alamogordo NM
Common questions from investors exploring commercial real estate in Alamogordo NM.
What's the overall investment outlook for this city?
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The 22.5% poverty rate combined with 85% health insurance coverage suggests a working-class market with employment stability, while the $73,000 avg_household_income and 34% homeownership_rate indicate a mix of renters and owners, making it a viable investment opportunity, especially with top industries like healthcare and education driving demand.
How does ethnic diversity impact market demand in this city?
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The city's diverse population, with top ethnicities including Asian, Hispanic, and African American communities, contributes to a strong demand for housing, particularly with a foreign_born_rate of 25%, and when combined with a median_property_value of $280,000 and median_property_taxes of $2,500, it presents an attractive investment landscape.
What are the key factors influencing rental yields in this city?
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The 29-minute average commute time, with 60% of the population using public transit, and a gini_coefficient of 0.45, indicating a relatively balanced income distribution, suggest a stable rental market, and with a median_age of 35 and an employed_population of 92%, it's likely to attract long-term tenants, making it an attractive option for investors seeking rental income.
How does the city's economy impact investment stability?
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The top industries, including healthcare, education, and technology, provide a solid foundation for employment stability, with an employed_population of 92% and an avg_household_income of $73,000, and when considering the poverty_rate of 22.5% and health_insurance_rate of 85%, it indicates a working-class market with access to healthcare, contributing to a stable investment environment.
What role does quality of life play in assessing market stability for investors?
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The average commute time of 29 minutes, combined with an avg_commute_time and top_commute_methods like public transit, and a health_insurance_rate of 85%, suggests a high quality of life, which is essential for attracting and retaining tenants, and with a median_property_value of $280,000 and a homeownership_rate of 34%, it indicates a stable market with opportunities for long-term appreciation.
Alamogordo NM Real Estate & City Facts
Key facts and real estate information about Alamogordo NM.
What are some of the best neighborhoods to live in Alamogordo?
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Some of the best neighborhoods to live in Alamogordo include Cornell and Mesa, which is a peaceful, family-friendly neighborhood known for its cleanliness and convenience. Other desired areas tend to be in the east parts of the city, while more affordable homes are in the west regions. However, it's worth noting that areas between Washington and White Sands have been reported to have higher crime rates.
What are some fun things to do in Alamogordo?
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Alamogordo has a lot to offer when it comes to things to do. You can visit White Sands National Park, which is one of the most unique places in the United States, and take a hike or go sledding down the dunes. The New Mexico Museum of Space History is also a great place to learn about the history of space exploration. Additionally, you can check out the Trinity Site, Oliver Lee State Park, and the Heart of the Desert.
What is the food scene like in Alamogordo?
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The food scene in Alamogordo is diverse and offers a range of options. You can find great restaurants like D. H. LESCOMBES WINERY & BISTRO, which serves comfort food and New American cuisine, and CJ's Si Senor Restaurant, which offers Mexican food. There are also plenty of great food trucks and fast food options available, including Wienerschnitzel, Taco Bell, and Wendy's. If you're looking for a unique dining experience, you can try 575 Brewing Company, which offers a range of beers and pub fare.
What are the pros and cons of living in Alamogordo?
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The pros of living in Alamogordo include its unique natural beauty, with White Sands National Park being a major draw. The city also has a rich history and a strong sense of community. However, some cons include the fact that the city can be kind of ugly and annoying to live in, with some areas being run-down or having higher crime rates. Additionally, the job market may be limited, and the city can be quite hot during the summer months.
Is Alamogordo a good place to live?
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Whether or not Alamogordo is a good place to live depends on your individual preferences and priorities. If you value natural beauty, outdoor recreation, and a strong sense of community, Alamogordo may be a great fit for you. However, if you're looking for a more urban or cosmopolitan lifestyle, you may want to consider other options. Overall, Alamogordo is a unique and charming city that offers a lot to those who are willing to look beyond its surface level.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Alamogordo NM Commercial Property: $63,000
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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