Listing Agency: Cripple Creek Realty s***@yahoo.com Show Phone

Listed By: Summer woods · License #44554

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Sep 1 at 5:36AM

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Investment Insights

Based on property information with market context.

This four-unit quadplex includes two hot tubs for soaking in hot mineral water, a patio, and landscaped outdoor areas with a variety of plants and trees. The property has received multiple updates and offers a distinctive residential configuration centered on outdoor amenities.

Located downtown in Truth or Consequences, the property is within the city’s Hot Water District. The existing layout may support residential occupancy alongside short-term or long-term rental use, as outlined in the property information.

Key Highlights

• Four‑unit quadplex in downtown Truth or Consequences
• Two hot tubs with hot mineral water soaking
• Located in the Hot Water District

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Parking Lot & Garage Auto Repair Shop Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Residential units

Location Intelligence

Trade Area within ½ mile

448

Businesses Nearby

Explore this area Business Placement

Demographics for 87901, NM

6,515

Population

3,981

Households

1.6

Avg Household Size

54

Median Age

19%

College-Educated

89%

High-School Grad

1,080.4 sq mi

ZIP Area

6

Density / Sq Mi

$27,868

Median Household Income

$25,735

Median Earnings

$674

Median Rent

$114,800

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

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Frequently Asked Questions

What type of property is this?

Quadplex - Four-unit property with mineral-water soaking amenities, a patio, and landscaped grounds in downtown Truth or Consequences.

Where is this quadplex located?

The property is located at 423 MARR Truth Consq, NM.

What are key features of this property?

This property features: Four‑unit quadplex in downtown Truth or Consequences; Two hot tubs with hot mineral water soaking; Located in the Hot Water District