108 Horton CirRuidoso, NM 88345

For Sale
$649,500

Turnkey Multi-Unit Income Property

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Ruidoso, NM property, listed at $649,500, offers a unique investment opportunity. Situated on a half-acre lot (0.53 acres) at 108 Horton Circle, 88345, this C-1 zoned land encompasses a 2,175 sq ft, 3-bedroom home, a 750 sq ft, 2-bedroom attached Airbnb, and a 400 sq ft detached Airbnb studio cabin. A 288 sq ft detached cabin with a pet bathing station provides additional income potential or space for a pet grooming business. All Airbnb units are fully furnished and equipped, ensuring immediate revenue generation. The property's total square footage is 3,200 sq ft. An additional lot accessible from Walnut Drive presents further development possibilities. This turnkey operation is ideal for investors seeking immediate returns and future expansion potential in a desirable New Mexico location. The property's versatile zoning allows for residential and commercial uses, maximizing its investment appeal. This is a rare opportunity to acquire a multi-faceted income-producing property in a thriving market.

Highlights

  • $649,500 asking price.
  • 0.53-acre lot with 3,200 square feet of improvements.
  • C-1 (residential/commercial) zoning.
  • Includes a 2,175 sq ft, 3-bedroom home; a 750 sq ft, 2-bedroom Airbnb; a 400 sq ft detached Airbnb studio; and a 288 sq ft detached cabin with a pet bathing station.
  • Turnkey operation with furnished Airbnbs generating immediate revenue.
  • Additional lot with separate access.

Property Details for 108 Horton Cir

Property type
Other specialty properties, Other land
Square Feet
3,200 SF
Lot Size (sq. ft)
23,087 SF

Location Insight

City
Ruidoso
County
Lincoln
State
New Mexico
Latitude
33.3236232
Longitude
-105.6308283
108 Horton Cir, Ruidoso, New Mexico

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108 Horton Cir
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