620 Sudderth Drive Ruidoso, NM 88345

1 / 44

View all 44 Photos

Map

PRIME COMMERCIAL PROPERTY you've been waiting for in Ruidoso, N.M.! Nestled along the busy Sudderth Drive, this riverfront property not only has an unbeatable location but also a lucrative rental history that speaks volumes about its investment potential. Excellent Riverfront location with 9 apartment units, which can be converted back to 12 units. Currently 100% leased, with a wait list. C-2 Commercial zoning allows for multiple uses. Includes 3 separate buildings: triplex that can be reconverted back to 6-plex, plus duplex - both are in center of property - plus private riverfront 4-plex directly above Rio Ruidoso river with 70+' river frontage. 8-10% CAP Rate. Includes onsite coin-op laundry and storage room. 618 Sudderth located next door is listed at $895, 000 Schedule a viewing today