For Sale
Call for price

138 Paradise Canyon DrRuidoso, NM 88345

Three-unit apartment building, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a charming two-story apartment building nestled on a spacious 0.95-acre lot in the desirable Ruidoso, New Mexico area. The property boasts a total of 1,622 square feet, comfortably divided into three individual units, making it an ideal investment for generating rental income. Located at 138 Paradise Canyon Dr, Ruidoso, NM 88345, this multifamily property benefits from its convenient location and strong rental demand within Lincoln County. The property is zoned C-1, offering flexibility for potential future development or expansion. The building's solid construction and established tenancy provide a stable foundation for immediate returns. With its attractive features and prime location, this property represents a compelling opportunity for investors seeking a profitable addition to their portfolio. The substantial lot size offers ample space for potential future improvements or expansion, further enhancing the property's long-term value. This is a rare chance to acquire a well-maintained multifamily property in a thriving New Mexico market. The property's three units provide a diversified income stream, minimizing risk and maximizing potential returns. Don't miss this chance to secure a valuable asset in a highly sought-after location.

Highlights

  • Exceptional investment opportunity: charming two-story, three-unit apartment building on a 0.95-acre lot in Ruidoso, NM.
  • 1,622 square feet total; ideal for rental income generation.
  • Located at 138 Paradise Canyon Dr, Ruidoso, NM 88345, in a high-demand rental area.
  • C-1 zoning allows for future development or expansion.
  • Solid construction and established tenants provide stable income.
  • Substantial lot size offers potential for future improvements.

Property Details for 138 Paradise Canyon Dr

Property type
Apartment buildings
Square Feet
1,622 SF
Stories
2
Lot Size (sq. ft)
41,382 SF
Units
3

Location Insight

City
Ruidoso
County
Lincoln
State
New Mexico
Latitude
33.3261314
Longitude
-105.650268
138 Paradise Canyon Dr, Ruidoso, New Mexico

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
138 Paradise Canyon Dr
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message