500 Charles St, Truth or Consequences, NM 87901

This exceptional investment opportunity presents a three-unit mobile home park situated on a spacious 14,400 square foot lot in the desirable Historic Hot Water District of Truth or Consequences, New Mexico. Built in 1994, the property boasts three currently rented mobile homes, generating immediate income. The units comprise a 3-bedroom, 2-bathroom Marlette (16x80), a 2-bedroom, 2-bathroom Lancer (14x72), and a 2-bedroom, 2-bathroom Fleetwood (14x56). An additional vacant space offers potential for expansion, allowing for the addition of another mobile home or simply renting the space as is. The property's prime location provides easy access to downtown Truth or Consequences, local shopping, and the renowned hot mineral baths. Its proximity to the City Municipal pool adds to its appeal. Furthermore, the property's location within the Hot Water District presents the unique advantage of potential hot water well drilling. This income-generating property is offered at an asking price of $275,000 and represents a compelling investment in a thriving New Mexico community. The property is located at 500-510 Charles Street, Truth or Consequences, NM 87901.