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    Ruidoso, NM
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    Ruidoso, NM Apartment Buildings for Sale

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    Alto, NM Ruidoso Downs, NM Capitan, NM Hagerman, NM Lincoln, NM Carrizozo, NM
    12-Unit Two-Level Apartment Building
    Updated: Jun 29, 2025
    12-Unit Two-Level Apartment Building

    106 Granite Dr, Ruidoso, NM 88345

    $2,500,000
    14,336 sqft
    12 fully leased condominium units
    Approved potential for 13 additional units, for a total of 25
    14,336 square feet of property size
    Two‑level layouts with 2 bedrooms per unit
    Each unit includes a fireplace and deck
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    40-Unit Apartment Building
    Updated: Aug 2
    40-Unit Apartment Building

    110 Starlite Rd, Ruidoso, NM 88345

    Contact for pricing
    28,400 sqft 9.00 AC lot
    40‑unit apartment property with efficiency, studio, one-, two-, and three‑bedroom units
    Over 28,400 square feet of leasable space on 5.5 acres
    Most units occupied under long‑term leases with security deposits on file
    Newer metal roofs across all buildings; interior unit renovations ongoing
    Roughly 2,300 square‑foot lobby and approximately 2,000 square‑foot enclosed storage building
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    Redevelopment Lodge with 16 Units
    Redevelopment Lodge with 16 Units

    107 El Paso Road, Ruidoso, NM 88345

    $650,000

    Redevelopment-ready property with updated building systems and finish-to-suit options for hospitality, apartments, or office uses.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 3 Active listings in Ruidoso, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    52-Unit Apartment Community
    52-Unit Apartment Community

    2100 Stardust Ct, Alamogordo, NM 88310

    $4,625,000
    30,020 sqft

    A varied unit mix includes studio, one-bedroom, and two-bedroom apartments, with garages serving two residences.

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    Remodeled 5-Unit Apartment Building
    Remodeled 5-Unit Apartment Building

    808 N Roselawn Ave, Artesia, NM 88210

    $599,000
    0.08 AC lot

    Updated multifamily property with renovated interiors, refreshed exteriors, and practical in-unit features.

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    Renovated 32-Unit Apartment Property
    Renovated 32-Unit Apartment Property

    1301-1325 Fillmore Avenue, Alamogordo, NM 88310

    $4,099,999
    30,952 sqft 1.32 AC lot

    Four two-story buildings contain renovated two-bedroom, one-bath residences with updated interiors and household appliances.

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    Remodeled Apartment Building with Five Units
    Remodeled Apartment Building with Five Units

    808 N Roselawn Ave, Artesia, NM 88210

    $599,000

    Five remodeled 2-bedroom, 1-bath apartments with new flooring, paint, split units, and updated electrical.

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    Off-Market Properties in Ruidoso, NM

    Consider similar Off-Market properties in Ruidoso, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    138 Paradise Canyon Dr
    Multifamily properties

    138 Paradise Canyon Dr, Ruidoso, NM 88345

    Estimated value: by Request
    1,622 sqft 0.95 AC lot
    View details
    101 Ct
    Multifamily properties

    101 Ct, Ruidoso, NM 88345

    Estimated value: by Request
    15,052 sqft
    View details

    Ruidoso, NM Apartment Buildings Market Trends and Statistics

    Explore 5 apartment buildings for sale in Ruidoso, NM, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 42,736 square feet of properties for sale, with an estimated market value of $3,150,000.

    Sale prices for apartment complexes in Ruidoso, NM start at $650,000, averaging $1,575,000, and reaching up to $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 8,005
    Population Growth (5Y) -8.0%
    Median Household Income $51,008
    College Educated 23.8%

    High-Yield Neighborhoods for Investment

    Identify Ruidoso submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    88345 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 2.90%
    Property Tax per SF $0.12 per SF
    Tax Rate vs County Average 0.36 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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