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102 Mexican ave 6 Unit Apartment Building $1,914,780 CAD ($319,130 CAD/Unit) Cloudcroft, NM 88317
Investment Highlights
- Walking distance to shopping & restaurants
- Been extensively renovated between 2021 and 2023
Executive Summary
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.
Property Facts
| Price | $1,914,780 CAD | Building Class | B |
| Price Per Unit | $319,130 CAD | Lot Size | 0.29 AC |
| Sale Type | Investment | Building Size | 8,322 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1997/2021 |
| Property Subtype | Apartment | Parking Ratio | 0.6/1,000 SF |
| Apartment Style | Low-Rise |
| Price | $1,914,780 CAD |
| Price Per Unit | $319,130 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.29 AC |
| Building Size | 8,322 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1997/2021 |
| Parking Ratio | 0.6/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Recycling
- Trash Pickup - Curbside
- Walking/Biking Trails
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | R035186 | Improvements Assessment | $253,208 CAD |
| Land Assessment | $34,206 CAD | Total Assessment | $287,414 CAD |
Property Taxes
Parcel Number
R035186
Land Assessment
$34,206 CAD
Improvements Assessment
$253,208 CAD
Total Assessment
$287,414 CAD
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102 Mexican ave
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