108 Horton Cir Ruidoso, NM 88345
This exceptional Ruidoso, NM property, listed at $649,500, offers a unique investment opportunity. Situated on a half-acre lot (0.53 acres) at 108 Horton Circle, 88345, this C-1 zoned land encompasses a 2,175 sq ft, 3-bedroom home, a 750 sq ft, 2-bedroom attached Airbnb, and a 400 sq ft detached Airbnb studio cabin. A 288 sq ft detached cabin with a pet bathing station provides additional income potential or space for a pet grooming business. All Airbnb units are fully furnished and equipped, ensuring immediate revenue generation. The property's total square footage is 3,200 sq ft. An additional lot accessible from Walnut Drive presents further development possibilities. This turnkey operation is ideal for investors seeking immediate returns and future expansion potential in a desirable New Mexico location. The property's versatile zoning allows for residential and commercial uses, maximizing its investment appeal. This is a rare opportunity to acquire a multi-faceted income-producing property in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.