169 La Para Rd and 363 Camino Del Norte

• 2 beautiful properties consisting of 52 acres, seven stunning handcrafted log and stone cabins, a large home, and incredible views (7 cabins are on 40 acres. Large home is on 12 acres)
• 7 hand crafted log & stone cabins (5 fully furnished)
• 3 of the cabins being off grid, with a new $80K solar system
• Beautiful views, especially cabin #7
• Peaceful rural nature to unplug from the hustle and bustle of society
• Strong Air BnB track record = $20K+/month rental income from all units.
• Air BnB projections based off of the Air BnB rental history current owners experienced:
  • 7 cabins: $15K-18K monthly avg…$180K-216K annually
  • Large Home: $6K+ monthly avg…$72K+ annually

Properties are 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
• Hybrid - live or vacation there part time, and rent the rest of the time

Recent renovation highlights:

• $80K solar system installed
• New septic tanks
• New plumbing and electrical
• $40K top of the line new stucco job on entire exterior of large home
• Complete renovation of most units
• Exquisitely fully furnished and decorated majority of units, turnkey Air BnB ready
• Gorgeous fully furnished studio apartment added to the large home

Large Home - 363 Camine Del Norte Rd Estancia, NM 87016

• 12 acres
• Home - 4,400 sq ft (3 living quarters... main house | studio | en suite)
  • Main Living Area: 3 bedroom, 3 bathroom with a private room/office off the Primary Bedroom.
    Primary bathroom complete with a soaker tub, walk-in shower, water closet and massive walk-in closet. Second bedroom has a private bathroom. Open concept Living Room/Dining Room/Kitchen on first floor.
  • Brand new studio space with full kitchen and bathroom. Has its own separate entrance from outside, totally separate from the main house
  • En Suite with an updated bathroom. Separate from the main house, with its own entrance from the outside
• TOTAL PROJECTED GROSS RENTAL INCOME IF USED AS AN AIR BNB: $72K+ ANNUALLY
• RENOVATIONS:
  • Brand new high-performance, fiber-reinforced dry blend adhesive and base coat Dryvit
    Synthetic Finish stucco on entire home at a cost of $40,000
  • All new fascia and soffits across full exterior
  • Complete transition of a bonus room into a private studio. The studio has a stunning brand new kitchen with quartz countertops, brand new fixtures and perfect finishes. Brand new bathroom added to the studio with walk in shower, brand new fixtures and perfect finishes. Private entrance added, new HVAC/Mini-Split system added along with a brand new water heater specifically dedicated to this studio.
  • Turned a bedroom into a private En Suite. Complete with its own private entrance, brand new flooring, new paint, added in a kitchenette with a sink, refrigerator and cooktop. Attached bathroom has been fully updated with a brand new walk-in shower.
• Total Renovations/Design/Furnishings - $135,000

169 La Para Rd., Estancia, NM 87016

• 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 show in the financial statements
• Renovations Completed:
  • SOLAR POWER: Robust state of the art solar system for Cabins 5, 6, & 7 at a cost of $80,000
  • NEW PLUMBING: Brand new systems for Cabins 1, 2, 5 + 7 (where none was previously) at a cost of $43,000
  • LAUNDRY FACILITY: Added a fully equipped laundry facility to the property complete with washer/dryers, water heater, septic and plumbing at a cost of $7,890
  • COMPLETE ELECTRICAL SYSTEMS: Brand new A-Z electrical systems in Cabins1, 5, and 6
    at a total cost of $13,600
  • There's been a complete update to all electrical systems, plumbing systems and water systems in Cabins 3 + 4 at a cost of $4,000
  • BRAND NEW KITCHEN: Cabins 1 + 4 have been equipped with brand new kitchens with a total cost of $23,500
  • 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. Total cost for addition: $40,000
    • Cabin 1 has a brand new bathroom complete with a walk in shower at a total cost of $17,500. We also had concrete floors poured for Cabin 1 at a cost of $5,000
  • MISC HANDYMAN WORK: Throughout the our renovations over the past couple of years on the property, we paid our handyman crew approximately $145,000 for all of the odds and ends items we buttoned up on the properties.
• Interior Design
  • Each cabin has been designed and furnished professionally for optimal performance on all
    Short Term Rental platforms (Airbb, Hipcamp, etc) at a cost of $35,000
• Total Renovations/Design/Furnishings - $414,490