Property summary
This exceptional multifamily investment opportunity presents a stabilized 13-unit apartment building situated on a sizable 40,153 square foot lot in the desirable Ruidoso, New Mexico market. The property, comprised of four buildings with a total of 15,052 square feet, boasts 12,568 square feet of net rentable space and currently enjoys a 94% occupancy rate as of July 23, 2023. Built in 1987 and renovated four years ago, the property features two-story buildings, each offering two full-sized… bedrooms, fireplaces, full kitchens, and patios. The units are categorized as Class B and are zoned R-2. The property generates a substantial net operating income (NOI) of $146,911, resulting in a compelling 6.45% cap rate. The sale price per square foot is $151.14. Four additional parking pads are available for residents. Tenants are responsible for electricity, gas, cable, and telephone services, while the owner covers water, sewer, and trash. This is a turnkey investment with strong potential for future growth in a sought-after mountain location. The property's address is 101 & 100 Monica's Court, Ruidoso, NM 88345, and the APN is 4071065189172000000.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Value Estimation
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- Full Property Data
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- Location Insight
- Alternative use
- Local Zoning Insight
