2306 Sudderth Dr - Retail FOR SALE


Ruidoso, NM 88345
$1,299,000 USD
972-730-4945
2306 Sudderth Dr, Ruidoso, NM for Sale
$1,299,000 USD
Retail - FOR SALE
1/40
null | Request Cap Rate

2306 Sudderth Dr
Ruidoso, NM 88345


HIGHLIGHTS

  • Potential for 15 units
  • Plenty of parking
  • New hot water heater
  • $1,500 a month

OVERVIEW

Location, Location, Location - Welcome to an exceptional investment opportunity! This stunning Multi-Purpose Commercial C-3 building located in the heart of Ruidoso, New Mexico boasts 12 well-appointed rooms, each designed with comfort and style in mind. Perfectly situated in the scenic mountains of New Mexico, this property offers the rare combination of charm, versatility, and income potential. Step out the door and you are in Midtown of Ruidoso, NM -These units can be to be to nightly or long-term rentals. Newly remodeled, most units have new mini splits for heating and A/C, also a New Central Heating and A/C unit. It could be converted to 15 rooms. Ruidoso, NM has a need for rental property. Estimated rental income per room, from $1200.00 to $1500.00 per month per room. There is plenty of parking for residents. This is a MUST SEE.

FOR SALE DETAILS

PRICE

$1,299,000 USD

PRICE/SF

$225 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,309 SF

ZONING

C-3

APN/PARCEL ID

4072065191101000000

ASK ABOUT THIS PROPERTY

Kathy CulbertsonFathom Realty NMMore Info
972-730-4945

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Kathy CulbertsonFathom Realty NMMore Info
972-730-4945

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