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Off market
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  • $1,225,000

    111 La Junta Dr, Alto, NM 88312

    --beds
    0baths
    11,330sqft
    MultiFamily
    Built in 1963
    -- sqft lot
    $1,225,000 Zestimate®
    $108/sqft
    $1,431 Estimated rent

    Home value

    $1,225,000

    $882,000 - $1.68M

    $1,431/mo

    Zestimate® history
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    What's special

    If you're an investor, or looking for a business in the beautiful mountains of the Ruidoso and Alto, NM area, you've come to the right place. The land alone is almost worth the asking price of this property. There are approximately 5.86 acres of beautiful trees and mountain views. There's plenty of room for expansion of additional units or RV spaces to increase your income potential, or the additional land could be sold. Most units are 2 bedroom, 1 bath units with kitchens and wood-burning fireplaces. The lobby has a comfortable seating area around a large, rock fireplace and a pool table, and there's a large meeting room/dining hall with a full kitchen for groups or meetings, a manager's quarters, office and laundry facility. Sellers have recently re-acquired the property and do not live in the state. The property is currently non-operational and to be sold as-is. However, work will begin on the property soon and returned to full operational condition. The price will go up at that time. Seller financing available. Call for terms. La Junta could be used for efficiency and 1, 2 and 3 bedroom apartments, or as overnight lodging, as it has always been. Get it now, before the price goes up! Click the link below for a Virtual Tour This property is shown by appointment with the listing agents. Please call us for a tour today! Sheri Rodgers and Mike Rice Rio Ruidoso Company, Ltd. ~ RioRuidosoRealtors.com 1204 Mechem ~ Suite 18 Ruidoso, NM 88345 575 258 3888... If we're out of the office and you want to see it, ask for our cell phone numbers! Facebook: www.fb.com/SheriSellsRuidoso Twitter: @SherSllsRuidoso Yahoo Messenger: SheriSellsRuidoso

    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.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 11,330 sqft

    Property

    Lot
    • Size: 5.8 Acres
    Details
    • Parcel number: 4071059356313000000

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1963

    Community & HOA

    Location
    • Region: Alto

    Financial & listing details

    • Price per square foot: $108/sqft
    • Annual tax amount: $8,407

    Price history

    Price history is unavailable.

    Public tax history

    YearProperty taxesTax assessment
    2025$8,407 +270.7%--
    2024$2,268 +9.6%--
    2023$2,070 -3.5%--
    2022$2,145 -4.5%--
    2021$2,245 -12.6%--
    2020$2,570 -0.9%--
    2019$2,592 -7.2%--
    2018$2,792 --
    Find assessor info on the county website

    Neighborhood: 88312

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.