102 Mexican ave - Apartments FOR SALE


Cloudcroft, NM 88317
$1,400,000 USD
575-415-4039
102 Mexican ave, Cloudcroft, NM for Sale
$1,400,000 USD
Apartments - FOR SALE
1/54
null | Request Cap Rate

102 Mexican ave
Cloudcroft, NM 88317


OVERVIEW

Introducing the Osha Trail Lodging—a unique multi-family investment opportunity in the heart of Cloudcroft, NM. Nestled in this popular mountain village renowned for its ample outdoor recreational activities, the property places you just steps away from the vibrant shopping and amenities of Burro St. This expansive 8,322-square-foot building has been extensively renovated between 2021 and 2023, ensuring modern comforts blend seamlessly with timeless mountain charm. The lodge features: • 6 Nightly Rental Units: Perfect for attracting vacationers and short-term guests. Unit 1 – 2 bedroom/1bathroom Unit 2 – 1 bedroom/1 bathroom Unit 3 – 2 story, 2 bedroom/2 bathrooms Unit 4 – 1 bedroom/1 bathroom (this unit is ADA compliant) Unit 5 – 2 bedroom/2 bathroom Unit 6 – 1 bedroom/1 bathroom • Retail Space: Available for lease, offering an additional income stream. • 6 Storage Units: Generate further revenue through flexible leasing options. • Large Finished & Heated Garage: Enhances functionality and adds value. • Shared laundry area for guests and a separate laundry for housekeeping use. Whether you’re an investor seeking a diverse income portfolio or someone looking to own a piece of Cloudcroft’s scenic allure, the Osha Trail Lodge stands as a testament to quality renovation and strategic location.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$168 USD /SF

# OF UNITS

6

PRICE/UNIT

$233,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1997

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,837 SF

ZONING

-

APN/PARCEL ID

R035186

ASK ABOUT THIS PROPERTY

Megan CorvinFuture Real EstateMore Info
575-415-4039

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Megan CorvinFuture Real EstateMore Info
575-415-4039

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.