Mixed use | 13 Units | Resort Market

 DEAL ALERT — Ruidoso, NM 88345  Mixed-Use | 13 Units | Resort Market  THE DEAL: • Entry Fee: $175,000 (all-in to close) • Purchase Price: $1,000,000  FINANCING ALREADY IN PLACE: • Existing mortgage: ~$800k @ 6.5% • Monthly PITI: ~$5,342/mo • $150k seller carry @ 0% — no payments, balloon yr 7 • No new bank loan needed  THE PROPERTY: • Ruidoso, NM 88345 • Mixed-use: commercial + residential • 13 total units • 3 currently rented @ $3,500/mo combined — 1 Parlor | 1 Month-to-Month | 1 Gift Shop • 10 vacant — massive upside potential • Rental range: $800–$1,000/door/month • At stabilization (13 units): $10,400–$13,000/mo gross  UNIT MIX: • 10 units avg ~400 sqft • 1 unit — 1,000 sqft • 1 unit — 800 sqft • 1 unit — 4 bed / 2 bath, 1,400 sqft • Mini-split A/C & heat in all units • 2 units have central HVAC  MARKET: • High season: Late May – October (tourism) • Secondary season: Ski season (winter) • Seller owned 10 years — motivated, clean exit • Sold AS-IS  THE PLAY: • Lease up 10 vacant units - cash flow machine • Short-term / vacation rental potential in resort market • $175k entry on a $1M asset with financing locked in • Creative financing does the heavy lifting Videos: