Fully remodeled in 2021 and will sell fully furnished with everything needed to operate a STR. We have been very profitable with this home for the last 15 months despite having 0 bookings in April of 2022 during the Ruidoso fire and 0 bookings in September 2022 when our 1st floor flooded after torrential rain. The house was professionally repaired by a water restoration company and the exterior of the house was excavated and water proofed then a french drain system was installed to prevent any future water intrusion. In the 15 months we have been running this as a short term rental and our family's vacation home we have averaged $4,411/month in gross income, not counting the 2 vacant months. Our net income after all utilities, repairs, cleaning fees, and supplies averaged $3,135/month. This is a wonderful home located in a great neighborhood only a few blocks from the middle school and high school as well as the white mountain recreation complex. The exterior was just repainted, the electrical panel was upgraded to 200amp service so a hot tub could be added. The fireplace has a full gas ceramic log setup, All appliances are less than 3 years old. Downstairs has a kitchenette with a 2nd fridge and bar sink. Upstairs kitchen and downstairs kitchenette features beautiful acacia butcherblock counters. There is a large deck on the 2nd floor with great seating, a BBQ grill, propane firepit and fantastic views of the neighborhood. We regularly see deer and elk walking by as we sit on the deck. There is a 2nd smaller deck just outside the 2nd floor back bedroom with 2 rustic rocking chairs. We have thought through everything to make this a very comfortable and profitable short term rental. Truly a turnkey opportunity, we also have a wonderful cleaner that handles all of our resets and minor repairs that would love to continue taking care of this property.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
