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🏢 Just listed — Executive Office Office for sale in Alamogordo, NM.

📍 723 N New York Ave, Alamogordo, NM
🏷  Executive Office Office · For Sale
💰 $1.09M
📈 10.87% cap

Office | 10.87% CAP | 2,940 SqFt

<ul><li><span style="color: rgba(3, 7, 18, 1)">Government-backed tenant (strong credit profile)</span></li><li>Brand new renovation – minimal capital expenditures</li><li><span style="color: rgba(3, 7, 18, 1)">Passive income structure with exp

Full financials, photos, and broker contact:
https://commrty.com/property/new-mexico/alamogordo/1087-cap-rate-government-building-2488954-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=1087-cap-rate-government-building-2488954

#Alamogordo #Office #CommercialRealEstate #CRE #Investment

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Home/NM/Alamogordo

723 N New York Ave

Alamogordo, NM 88310

Asking Price

$1.09M

Cap Rate

10.87%

Asset Type

Executive Office Office

Class

Class B

What's Special

Office | 10.87% CAP | 2,940 SqFt <ul><li>Government-backed tenant (strong credit profile)</li><li>Brand new renovation – minimal capital expenditures</li><li>Passive income structure with expense reimbursements</li><li>Long-term lease with extension options</li><li>Strong surrounding economic drivers (military + federal)</li><li><span style=

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

7.31%

DSCR

1.23

Tight

Cash-on-Cash

4.56%

Monthly Payment

$5,417.463

Annual Cash Flow

$14,990.449

Location & Travel Times

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