Description
A solid investment opportunity on busy Sudderth Dr. in scenic Ruidoso, New Mexico! Fabulous riverfront location with 6 rental units (3 buildings including a 1,100sf+- riverfront home on large 75'+- private riverfront lot, a 4-plex, and an additional detached residence with attached laundry and storage room) 100% leased with a waitlist. C-2 commercial zoning allows for additional options. Opportunity to live in riverfront house and rent out 5 additional units. 8% CAP Rate ''as is''. Many possibilities combining this with the adjacent listing. 620 Sudderth Dr. (9-12 units)also available next door for $1,100,000. Seize the opportunity and contact us today to schedule a private viewing and discover the endless potential of this extraordinary river front property.
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0BEDS
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N/AACRES
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4BATHS
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01/2 BATHS
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2,700SQFT
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$331$/SQFT
School Ratings & Info
Description
A solid investment opportunity on busy Sudderth Dr. in scenic Ruidoso, New Mexico! Fabulous riverfront location with 6 rental units (3 buildings including a 1,100sf+- riverfront home on large 75'+- private riverfront lot, a 4-plex, and an additional detached residence with attached laundry and storage room) 100% leased with a waitlist. C-2 commercial zoning allows for additional options. Opportunity to live in riverfront house and rent out 5 additional units. 8% CAP Rate ''as is''. Many possibilities combining this with the adjacent listing. 620 Sudderth Dr. (9-12 units)also available next door for $1,100,000. Seize the opportunity and contact us today to schedule a private viewing and discover the endless potential of this extraordinary river front property.
© 2024 Ruidoso/Lincoln County Association of REALTORS MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Agave Real Estate Group | Keller Williams Realty. Data last updated: 2024-10-10T07:04:46.06.