107 El Paso Rd - Hospitality FOR SALE


Ruidoso, NM 88345
$990,000 USD
575-937-9330
107 El Paso Rd, Ruidoso, NM for Sale
$990,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

107 El Paso Rd
Ruidoso, NM 88345


HIGHLIGHTS

  • Updated infrastructure
  • HWY 70 Access
  • Spacious lot
  • Central heat and A/C
  • Privacy fence
  • TPO roofing

OVERVIEW

The Nob Hill Lodge located at the Gateway to Ruidoso is an iconic redevelopment and investment opportunity in the proximity of Lincoln County Medical Center, hotels, restaurants and commercial businesses just off HWY 70. Abundant possibilities exist with the 'finish to suit' to hospitality, apartment living, office and various use of 16 unit with office and management quarters. Recently replaced windows throughout, decking, roof, exterior stucco, plumbing, sewer electrical, HVAC Infrastructure has been recently replaced to approved permits and architectural renderings. The Nob Hill Lodge is a unique opportunity to complete a well situated redevelopment project . Ruidoso, NM is a outdoor recreation , sports and tourism destination in south central New Mexico.

FOR SALE DETAILS

PRICE

$990,000 USD

PRICE/SF

$165 USD /SF

# OF ROOMS

17

PRICE/ROOM

$58,235 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NOB HILL LODGE

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

40

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

C2

APN/PARCEL ID

4074065306477000000

ASK ABOUT THIS PROPERTY

Eugene HeathmanRE/MAX Classic Commercial DivisionMore Info
575-937-9330

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Eugene HeathmanRE/MAX Classic Commercial DivisionMore Info
575-937-9330

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.