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Property profile & analytics
OFF-MARKET
Specialty properties

423 Marr St Truth or Consequences, NM 87901

Built 1956
Property ID
US61-1086583
Property summary
AI-generated overview

This unique investment opportunity presents a four-unit property located at 423 Marr Street in Truth or Consequences, New Mexico, 87901. Built in 1956, this special purpose property sits on a generous 9,000 square foot lot and is conveniently located in the downtown area. The asking price is $575,000. The property boasts two hot tubs where guests can enjoy the area's renowned hot mineral water. Extensive landscaping featuring a variety of plants and trees creates a private and tranquil atmosphere, offering a true escape for visitors. The property includes multiple patios, enhancing the outdoor experience. The inn has undergone numerous updates, ensuring its continued appeal and functionality. Its prime location and unique amenities make it ideal for various rental strategies, including Airbnb, short-term, or long-term rentals, presenting a compelling investment opportunity for those seeking a unique and established business in a desirable location. The property's charm and established presence in the hot springs district make it a truly one-of-a-kind offering.

Property profile
Verified
Property type Specialty properties
Year built 1956
UPID US61-1086583
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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