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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 Hagerman, NM Capitan, NM Lincoln, NM Carrizozo, NM
    Redevelopment Lodge with 16 Units
    Updated: Jun 30
    Redevelopment Lodge with 16 Units

    107 El Paso Road, Ruidoso, NM 88345

    $990,000
    17 total units in a 2‑story freestanding commercial building (conforming zoning) with possible office/medical use.
    Redevelopment‑ready layout includes a 16‑unit configuration plus office and management quarters.
    Updated building systems: windows replaced, decking, roof, exterior stucco, plumbing, sewer, electrical, and HVAC infrastructure replaced to permits.
    About 6,000 SF of improvements on a 0.9973‑acre lot (43,124 SF) with lot size listed as .76 to 1 AC.
    Utilities available include natural gas, phone, and electricity; electric water heater (master meter).
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Las Cruces Multifamily Investment Property
    Las Cruces Multifamily Investment Property

    311 Hurt Road, Las Cruces, NM 88007

    $800,000
    2.71 AC lot

    Five income-producing units on 2.71 acres in Las Cruces.

    View details
    Brand-New Duplex-Style Multifamily
    Brand-New Duplex-Style Multifamily

    6002 1/2 PAM MCCALL Lane, El Paso, TX 79924

    $850,000
    0.28 AC lot

    New 6-unit complex planned for July 2026 with individually metered utilities and tenant in-unit laundry provisions.

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    New 6-Unit Multifamily Property
    New 6-Unit Multifamily Property

    6002 1/2 Pam Mccall Dr, El Paso, TX 79924

    $850,000

    New construction 6-unit multifamily complex planned for July 2026, featuring refrigerated air, private laundry rooms, and 12 parking spaces.

    View details
    Roadrunner Parkway Multifamily Development Site
    Roadrunner Parkway Multifamily Development Site

    Roadrunner Pkwy, Las Cruces, NM 88012

    $1,045,000

    Development site suitable for assisted living or apartments.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Buildable Land Parcel
    Commercial Buildable Land Parcel

    801 NW 36th Avenue, Norman, OK 73072

    $250,000
    0.74 AC lot

    Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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    Buildable Lot for Luxury Condos
    Buildable Lot for Luxury Condos

    801 36th Ave NW, Norman, OK 73072

    $285,000
    0.74 AC lot

    0.74 acre buildable lot zoned for low-density apartments.

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    Pahrump Land Investment Opportunity
    Pahrump Land Investment Opportunity

    2001 Casino Street, Pahrump, NV 89048

    Contact for pricing
    0.31 AC lot

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

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    San Jacinto Land with Utilities
    San Jacinto Land with Utilities

    Rosario, San Jacinto, CA 92583

    $155,000
    0.33 AC lot

    Unique lot with utilities available for multiple residential uses.

    View details

    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

    Value Estimation by Request
    1,622 sqft 0.95 AC lot
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    101 Ct
    Multifamily properties

    101 Ct, Ruidoso, NM 88345

    Value Estimation by Request
    15,052 sqft
    View details

    Ruidoso, NM Apartment Buildings Market Trends and Statistics

    Explore 3 apartment buildings for sale in Ruidoso, NM on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $990,000.

    Sale prices for two-family homes in Ruidoso, NM start at $990,000, averaging $990,000, and reaching up to $990,000 — 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 $1M

    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%

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