138 Paradise Canyon Dr

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138 Paradise Canyon Dr

Ruidoso, NM 88345
Asking Price
$305K
Asset Type
Single Family Rental Portfolio Hospitality
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Hospitality asset featuring a single family rental portfolio
  • Priced at $305,000 for the Ruidoso property
  • Located within the C-1 Commercial Business district
  • Redevelopment opportunity allows for value-add renovation strategies
  • Supports both long-term and nightly rental operations

What's Special

This hospitality asset represents a single family rental portfolio located in Ruidoso, New Mexico. Positioned within the C-1 Commercial Business zone, the property is currently offered at $305,000. Ruidoso serves as a mountain destination known for its tourism economy and proximity to outdoor recreational sites in the Sierra Blanca range. The site presents a potential redevelopment finish to suit investment opportunity for buyers looking to establish a presence in this growing regional market. Given the flexible C-1 zoning designation, the property supports diverse operational strategies ranging from traditional long-term residential leasing to nightly hospitality rentals. The asset provides a clear path for a value-add project tailored to the specific demands of the local visitor base and the regional housing market. Investors can leverage the existing infrastructure to capitalize on the ongoing demand for accommodations in this established mountain community.

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NOI
$80,000
Cap Rate
26.23%
DSCR
4.42
Strong
Cash-on-Cash
67.64%
Monthly Payment
$1,508.974
Annual Cash Flow
$61,892.317

Location & Travel Times