Trail Ridge Apartments

301 & 211 Trail Ridge Rd
Silver City, NM

Owner Financing Available on this 5 Unit Complex

Explore the investment potential of 301 Trail Ridge, a distinguished property offered at $750,000. This multi-unit complex, located in Silver City, New Mexico, is an investor's dream, featuring a blend of charm and consistent income. With 5 total units generating a gross monthly rent of $4,150, this property is a powerful addition to any investment portfolio. With an attractive owner financing option available on a 40% down payment, the path to property ownership is straightforward and flexible. These apartments are located in a quiet Silver City, New Mexico, neighborhood with close proximity to Gila Regional Medical Center and Western New Mexico University.

Key Investment Insights:

• Asking Price: $750,000

• Flexible Owner Financing: 40% down, negotiable terms

• Stable Monthly Income: $4,150

• Annual Revenue: $49,800

Property Highlights:

• A mix of four attached units and a standalone casita

• Spacious property with room to expand on 0.838 acres

• Lush landscaping with mature trees and efficient irrigation system

• Operational fireplaces and personal storage spaces in each unit

• Extra 400sqft storage shed for shared tenant use

• Secure, well-lit parking area enhancing tenant comfort

Unit Composition:

• Ground units #1 and #2 with laundry hook-ups

• 3-Bed, 1-Bath in Units #2 (ground) and #4 (upper)

• 2-Bed, 1-Bath in Units #1 (ground) and #3(upper)

• 2-Bed, 1-Bath in the separate Casita

The 301 Trail Ridge property is more than just a building; it's a hub for secure and sustainable revenue, backed by a reliable tenant base. Its variety in unit types and additional amenities like storage and security lighting make it a standout choice for investors looking to diversify their portfolio.

Don't miss this opportunity to invest in 301 Trail Ridge, where financial stability is beautifully intertwined with real estate excellence.