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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
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

Property Taxes

Parcel Number
4073065341388000000
Land Assessment
$53,114
Improvements Assessment
$210,937
Total Assessment
$264,051
  • Listing ID: 25787604

  • Date on Market: 5/25/2022

  • Last Updated:

  • Address: 601 Sudderth Dr, Ruidoso, NM 88345

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