1906 U.S. 54 is amulti-family property for lease in Alamogordo, NM.
Three Flowers Mobile Home park is located in Alamogordo, NM. Alamogordo is home to Holloman Air Force Base and is 60 miles east of Las Cruces, NM and 90 miles north of El Paso, TX. The actual address is 1906 US Highway 54 South, Alamogordo, NM 88310. The park has 65 spaces for Mobile Homes. Out of the 66 sites, the park has some owned Mobile Homes. The property encompasses 7.7 acres. This is a Lender owned property. The Lender has been in control since October 2014 and since then has increased the occupancy and profitability. As of September 2015 the occupancy is 90%. The profitability of this property has increased and now is at in now an 8.4% CAP Rate. The resident mix is an all age community with which 77 % of the residents are retirees.
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