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Property profile & analytics
OFF-MARKET
Specialty properties

108 Horton Cir Ruidoso, NM 88345

3,200 SF 0.53 ac lot
Property ID
US61-0995293
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Total area 3,200 SF
Lot 0.53 ac (23,087 SF)
UPID US61-0995293
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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