169 Lapara Rd.

Description:

ONLINE AUCTION AUGUST 8th-13th

BEAUTIFUL NEW MEXICO RANCH

VACATION PROPERTY | FAMILY COMPOUND | OFF GRID LIVING | AIRBnB | RETREATS

Off-grid living with a new solar system
Beautiful views
Peaceful rural nature to unplug from the hustle and bustle of society
Air BnB projections based off of the Air BnB rental history current owners experienced:
7 cabins: $15K-18K monthly avg…$180K-216K annually
40 acres
7 beautifully crafted, structurally sound, fully furnished log cabin style homes
Currently, 5 of the 7 homes have fully functioning water, septic, and electric
Cabin 7 still needs septic and electric installed
Cabin 6 has running water, full electric, and a porta potty
4 primitive camp sites (tent camping…yet to be installed) - Projected income of $25,200/year, $2,100/month on these 4 campsites
Total gross rental income from all cabins to date is shown in the financial statements


Renovations Completed
SOLAR POWER: Robust state of the art solar system for Cabins 5, 6, & 7
NEW PLUMBING: Brand new systems for Cabins 1, 2, 5 + 7 (where none was previously)
LAUNDRY FACILITY: Added a fully equipped laundry facility to the property complete with washer/dryers, water heater, septic and plumbing
COMPLETE ELECTRICAL SYSTEMS: Brand new A-Z electrical systems in Cabins1, 5, and 6
There’s been a complete update to all electrical systems, plumbing systems and water systems in Cabins 3 + 4
BRAND NEW KITCHEN: Cabins 1 + 4 have been equipped with brand new kitchens
BATHROOM ADDITIONS:
Large, stunning bathroom has been added to Cabin 5 complete with a soaker tub, shower and double vanity. This cabin is fully off-grid.
Cabin 1 has a brand new bathroom complete with a walk in shower. Also had concrete floors poured for Cabin 1


Interior Design
Each cabin has been designed and furnished professionally for optimal performance on all Short Term Rental platforms (Airbnb, Hipcamp, etc).
Recent renovation highlights:
Solar system installed
New septic tanks
New plumbing and electrical
Complete renovation of most units
Exquisitely fully furnished and decorated majority of units, turnkey Air BnB ready
Ideal for:
Lifestyle ranch vacation for group of friends and/or family to own together (fractional ownership)
Ranch dream lifestyle for an owner operator to live there and manage Air BnB rentals and/or group retreats
Air BnB business investment property
Family compound
Off-grid living or vacationing
Hybrid - live or vacation there part time, and rent the rest of the time
TERMS:
Listed price is the starting bid for the online auction.



45 minutes from Albuquerque