138 Paradise Canyon Dr - Manufactured Housing/Mobile Housing FOR SALE


Ruidoso, NM 88345
$305,000 USD
575-937-9330
138 Paradise Canyon Dr, Ruidoso, NM for Sale
$305,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/16
null | Request Cap Rate

138 Paradise Canyon Dr
Ruidoso, NM 88345


HIGHLIGHTS

  • Finish to Suit
  • Multiple affordable housing or nightly rentals
  • Mountain community

OVERVIEW

Excellent investment property opportunity. Finish to suit Triplex, possible 4 unit residential rental and/or commercial on one of the very few commercial (C1) zoned properties on Paradise Canyon in Ruidoso, NM near the Rio Ruidoso. Owner has begun remodeling construction on the 3 units. One unit is a studio casita near completion. The other is a two level. Upstairs and downstairs units are separate with one bedroom and bath. There is another unit requiring remodel and another multi use storage building. Current units are separately metered for electric. Separate gas meters. Single water-sewer meter. Ample parking. property is not flood damaged according to seller. Buyer to independently verify all documents, floodway , zoning, building code. Possible Seller Financing

FOR SALE DETAILS

PRICE

$305,000 USD

PRICE/SF

$188 USD /SF

# OF UNITS

4

PRICE/UNIT

$76,250

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

32,901 SF

ZONING

C-1

APN/PARCEL ID

4073065232273000000

ASK ABOUT THIS PROPERTY

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.

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.