Listing Agency: Cripple Creek Realty

Listed By: Terri Baca · License #NM 54991

Source: Crexi

Added: Apr 11 Changed: Sep 8 Last Checked: Sep 9 at 6:05AM

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Investment Insights

Based on property information with market context.

This charming apartment complex is offered as a fully leased residential income property. The listing is described as located in the historic hot water district of Truth or Consequences, NM.

According to the provided remarks, the property is minutes away from a recreational lake and is in an area known for healing mineral baths.

The asset is classified as an apartment building and multifamily property, presented for sale with existing tenants in place.

Key Highlights

• Fully leased apartment complex in the historic hot water district of Truth or Consequences, NM
• Located minutes from a recreational lake

Property Analytics

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Current Use

Apartment buildings

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

457

Businesses Nearby

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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

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Apartment building - Charming fully leased apartment complex in the historic hot water district of Truth or Consequences, NM.

Where is this apartment building located?

The property is located at 470 S Foch Truth Consq, NM.

What are key features of this property?

This property features: Fully leased apartment complex in the historic hot water district of Truth or Consequences, NM; Located minutes from a recreational lake