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415 Wingfield Street
Ruidoso, NM 88345
Asking Price
$3.10M
Asset Type
Retail
Class
Class B
What's Special
<p>415 Wingfield Street is a ±18,632 SF commercial fitness facility situated on ±1.03 acres in the heart of Midtown Ruidoso, NM.</p><p>Originally constructed in 1941 and renovated through 2023, the property operates as the Ruidoso Athletic Club — the highest-membership fitness club in Ruidoso — offering a heated indoor lap pool, racquetball court, group fitness areas, sauna, hot tub, and 92 parking spaces.</p><p>Positioned adjacent to Wingfield Park and within walking distance of Midtown's dinin
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NOI
$80,000
Cap Rate
2.58%
DSCR
0.43
Underwater
Cash-on-Cash
-11.19%
Monthly Payment
$15,337.109
Annual Cash Flow
$-104,045.303