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Small Multifamily Investment Property

700 E Riverside Dr Truth or Consequences, NM 87901

700 E Riverside Dr, Truth or Consequences, NM, 87901
$599,000
For Sale
$599,000

Five site-built units plus one ground-set doublewide offer an estimated total of eight to nine rentable units.

Days on Market358

Property Features for 700 E Riverside Dr

General Information

Standard status
Active
Listing agency Cripple Creek Realty, LLC
Listed by Summer Woods · License #44554
Source Exprealty
Added: Jul 31, 2025 Updated: Jul 22 at 12:58AM Checked: Jul 22 at 7:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cripple Creek Realty, LLC


Investment Insights

Based on property information with market context.

This residential income property includes five site-built units and one ground-set doublewide, with potential for a total of eight to nine rentable units. The unit mix is described as three one-bedroom, one-bathroom units and three two-bedroom, one-bathroom units, along with the additional capacity associated with the doublewide.

The property is located at 700 E Riverside Dr in Truth or Consequences, New Mexico, directly across from the Rio Grande River.

For sale as an investment opportunity, the offering is presented at $599,000.

Key Highlights

  • Offering includes five site‑built units plus one ground‑set doublewide
  • Unit mix: three 1‑bedroom, 1‑bath units and three 2‑bedroom, 1‑bath units
  • Total rentable potential estimated at eight to nine units

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

FAQs

What type of property is this?
Apartment building - Five site-built units plus one ground-set doublewide offer an estimated total of eight to nine rentable units.
Where is this apartment building located?
The property is located at 700 E Riverside Dr Truth or Consequences, NM.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Offering includes five site‑built units plus one ground‑set doublewide; Unit mix: three 1‑bedroom, 1‑bath units and three 2‑bedroom, 1‑bath units; Total rentable potential estimated at eight to nine units
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