404 3rd St - Flex FOR SALE


Capitan, NM 88316
$425,000 USD
575-808-2830
404 3rd St, Capitan, NM for Sale
$425,000 USD
Flex - FOR SALE
1/39
null | 8.7% Cap Rate

404 3rd St
Capitan, NM 88316


HIGHLIGHTS

  • Short Drive to the Ski Run, Racetrack, Inn of the Mountain Gods Casino, Oso Grill, and Smokey Bear Restuarant.
  • Guest house on seperate lot with seperate utility hookups from main home.
  • Radiant Floor Heating

OVERVIEW

Income producing potential in an ideal location! In the heart of Capitan, NM this property has luxury amenities including radiant floor heating, an upstairs landing (perfect as a sitting area or game room), a wall mounted pot filler faucet (over the stove), and a guest house! Enjoy the tranquility of morning coffee on the upstairs balcony or the privacy of the open patio in the backyard. Enjoy the 2-car garage (5 parking spaces in total on the lot), with ample storage. Just over a quarter of an acre, you'll have the space to install a swimming pool, cookout area, and more! This property is only a few minutes' drive from restaurants (OSO Grill, Smokey Bear Restaurant) and only 25 minutes from the village of Ruidoso (Racetrack and Casino, Bonito Lake, Inn of the Mountain Gods, & Ski Run).

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$170 USD /SF

CAP RATE

8.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

4 Bed 3 Bath Home and Guest House for Sale!!

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.25

LAND SF

11,028

ZONING

R-1

APN/PARCEL ID

4077050366190000000

ASK ABOUT THIS PROPERTY

575-808-2830

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575-808-2830

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