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26760 US-70 Hwy
Ruidoso Downs, NM 88346

Ruidoso Hondo Valley Memorial Park · Specialty Property For Sale · 400 SF

INVESTMENT HIGHLIGHTS

  • only 7% of the park has been used. so much room for growth
  • Cap rate is guesstimated based on buyers ability to market property.
  • Along the Ruidoso river with beautiful views for anyones final resting place

PROPERTY FACTS

Property Type Specialty
Property Subtype Cemetery/Mausoleum
Lot Size 4.22 AC
Building Size 400 SF
Number of Floors 1
Year Built 1999

AMENITIES

  • Waterfront

ABOUT 26760 US-70 HWY , RUIDOSO DOWNS, NM 88346

Ruidoso Hondo Valley Memorial Park is private with only about 7% of the plots sold. The potential for this business is all about how you advertise and what other services that you want to offer. The memorial park sits along the river in the beautiful Sacramento Mountain Range. Customers don't have to just be from Lincoln county to make arrangements for themselves or their family members death care. If plots are sold as currently priced the potential income is between $2 and $4 million. Property has a well with 6.4 irrigation water rights. This is a endowed care trust so a portion of the plot sales goes into a trust to maintain the integrity of the park. The RHVMP is being offered due to a drastic life changing situation for seller. Financials will be provided to serious buyer.

ZONING

Zoning Code C2
  • Listing ID: 31365475

  • Date on Market: 29/03/2024

  • Last Updated:

  • Address: 26760 US-70 Hwy, Ruidoso Downs, NM 88346