601 Sudderth Dr | Ruidoso, NM 88345
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601 Sudderth Dr
Ruidoso, NM 88345
Budget Lodge · Hospitality Property For Sale
·
16,600 SF
Investment Highlights
- 46-room independent lodge
- Recently renovated - Limited CapEx for a new owner
- Ruidoso is a hotspot for events: concerts, expos, festivals all coming back as the State loosens pandemic restrictions
- Sellers are Highly Motivated
- Nearly 15% Cash on Cash Return Year-1 (see breakdown)
- 3 bed 2 bath managers apartment; Perfect for owner-operator
Property Facts
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1950 |
| Building Class | C | Parking Ratio | 2.11/1,000 SF |
| Lot Size | 1.22 AC | Corridor | Exterior |
| Building Size | 16,600 SF | ||
| Zoning | C2 - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.22 AC |
| Building Size | 16,600 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Parking Ratio | 2.11/1,000 SF |
| Corridor | Exterior |
| Zoning | C2 - Commercial |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Property Taxes
| Parcel Number | 4073065341388000000 | Improvements Assessment | $210,937 |
| Land Assessment | $53,114 | Total Assessment | $264,051 |
Property Taxes
Parcel Number
4073065341388000000
Land Assessment
$53,114
Improvements Assessment
$210,937
Total Assessment
$264,051
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