106 Granite Dr, Ruidoso, NM 88345

$2,500,000
14,336
SqFt

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List Price
$2,500,000
Status
ACTIVE
Days on Market
425
MLS#
132852
Subtype
CommercialSale
Style
Mountain
Year Built
1982
Full Baths
12
Half Baths
24
Living Area
14,336
Acres
2.27
Subdivision
Granite Heights Condominiums
MLS Area Major
Ruidoso

Property Description

Exceptional investment opportunity: 12 fully leased condominiums with approved potential to develop 13 additional units- totaling 25. Strong rental income in place and room for future growth. Prime location- close to businesses and attractions.Each unit has 2 levels: Main level- kitchen, dining, living area, fireplace, 1/2 bath with deck. Lower Level- 2 Bedrooms, 1 full bath + 1/2 bath.

Additional Information

Interior Features
Pantry
Exterior Features
Balcony
Taxes
$5,754
Property Description
Mountain
Zoning
R4
Flooring
Carpet, Laminate
Appliances
Dishwasher, Electric Range, LP Gas Water Heater, Refrigerator, Range Hood
Heating
Central, Forced Air, Fireplace, Natural Gas
Air Conditioning
Ceiling Fan(s), Window/Wall
Levels
Multi/Split
Roof
Metal
Parking Features
Common, On Site, Parking Lot, Shared Driveway
View
Trees/Woods

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: James Russ (james@ruidosohomesnland.com) from Listing Office: REMAX Sierra Blanca Realty.