Income Producer

Deer Trail Place is in the Sandia Foothills, there are eighteen house that each back up to open space. A very quiet neighborhood where neighbors hold pot lucks to stay in touch with are extended family. The home is at 6,250 elevation and is a wild life home to many deer, bobcat, hawks, and our backyard hosted the birth of several fawns last year. A Natural Wildlife Sanctuary. .The view from the open space behind the property makes the property extra special. A Natural Extension of the Sandia Foothills: Unobstructed Open Space Views Location, Location, Location.

The surrounding open space brings New Mexico’s beautiful native wildlife right to your doorstep. Frequent visitors include deer, roadrunners, hawks, coyotes, bobcats, and the occasional passing bear. The property even serves as a peaceful haven where mothers have safely raised their fawns right in the backyard..

Here's an Idea for Income Potential.*

Example of how Property Brothers do it.

Luxury Apartment / Next-Gen Suite

Income Potential

Some Examples of Conversion

Potential Mother-in-law

The home was designed for the possibility of a mother-in-law level. Completely private "Home within a Home". This rendering shows the plan. The rough in plumbing electric and gas will accommodate a modification, for a 2203 sq.ft. "Home within a Home" The level now includes all amenities shown. The far left of the drawing shows (in light yellow) an additional kitchen, bedroom, laundry room, and dining area. The other sections are finished today. (see lower level picture)

Next-Gen Suite

The city of Albuquerque is promoting the building of Casitas and second buildings on city lots. This space has income potential of 3k to 4k. It can be separate from the main residence, split by floors. It has the potential to provide an income stream to the owner which can help sustain the cost of the mortgage. The garage can be separated to give a one car private garage for the "home within a home". Note if you are considering a plan for rental, you need to look into the City of Albuquerque's residential multi family usage. This would not be considered a casita, but an IDU rental. The property can't be sold to another individual, but long term leasing should be possible. You should have legal advice to avoid complications.

The Garden Level: A True "House Within a House"

The expansive 2,203 sq. ft. Garden Level functions entirely as a private, independent residence nestled within the main home. Remarkably bright and inviting, this lower level features standard windows in every single room, drawing in abundant natural light from the South, East, and West. The entire level is already independently zoned for heating and air conditioning.

Luxury Apartment / Next-Gen Suite Potentia

The floor plan is masterfully designed for a seamless multi-family conversion or high-end lease unit. With an estimated conversion cost of approximately $75,000, this space can be transformed into a massive luxury suite featuring:

3 Bedrooms & 2 Bathrooms
Large Family Room & Dedicated Dining Area
Full Kitchen with custom cabinetry
Bonus Spaces: Separate pool/billiards room, exercise room, and a dedicated storage room with laundry hookups.

The Conversion Highlight: The 577 Sq. Ft. Flex Space

The heart of this conversion is a massive, 577 sq. ft. finished space (currently utilized as storage).

Ready to Finish: The space is fully drywalled and equipped with electricity, AC, heating, a natural gas line, and ventilation. It is entirely finished and simply awaits your choice of flooring and interior walls.
The Blueprint: Existing architectural drawings detail exactly how to frame this space to add the new kitchen, interior walls, and a full bathroom.

Private Access & Independent Living

Private Entry: Exterior stairs can be installed on the west side of the home to provide a completely separate, private entrance for tenants or family members.
Dedicated Parking: The existing 3-car garage can easily be partitioned, giving the Garden Level occupant their own private, secure 1-car garage located directly next to the private entrance stairs.

Exceptional Investment Opportunity

Market Demand: The City of Albuquerque is actively encouraging the development of Casitas and multi-generational housing, making this a highly favorable project. An IDU is probably the best way to accomplish this rental income.
High Yield Income: Once the kitchen and bathroom are completed, this premium, full-sized apartment has a projected rental value of $3,000 to $3,500 per month (inclusive of utilities).

(Drawings and architectural layouts showing the exact conversion plan are available upon request.