Residential Income

Truth Or Consequences, NM Residential Income Properties for Sale

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Elephant Butte, NM Las Palomas, NM Caballo, NM T Or C, NM Cuchillo, NM
Hoosier Hot Springs & Inn
Updated: Jul 21, 2024
Hoosier Hot Springs & Inn

516 Austin St, Truth Or Consequences, NM 87901

$2,961,134
5,528 sqft
Located in the Hot Springs Bathhouse and Commercial Historic District.
Three lines of business: Hot Springs, Inn/Short Term Rentals, and Residences/Long Term Rentals.
Hot Springs renovated and reintroduced to the public in early 2024.
Inn/Short Term Rentals: 6 renovated units (5 suites and 1 room), opened November 2024.
Residences/Long Term Rentals: 6 units (3 one‑bedroom units and 3 studio apartments).
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Truth Or Consequences, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

RV Park With Store
RV Park With Store

14422 Highway 187, Caballo, NM 87931

$470,000
2.50 AC lot

Established recreational property combines guest sites, storage areas, a residence, and a convenience-oriented store.

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Land, Hatch, NM
Land, Hatch, NM

190 Escondida Street, Hatch, NM 87937

$220,000
0.65 AC lot

Single family properties · 0.65 Acres

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Duplex Income Property
Duplex Income Property

705 Cactus #1 & 2, Las Cruces, NM 88001

$295,000

Two-unit duplex with each side offering three bedrooms and two bathrooms.

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Three-Bedroom Duplex
Three-Bedroom Duplex

1362 Santa Fe #1 & 2, Las Cruces, NM 88001

$295,000

Both residences include two bathrooms, with occupants responsible for their own utility costs.

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Off-Market Properties in Truth Or Consequences, NM

Consider similar Off-Market properties in Truth Or Consequences, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1710 Broadway St
Multifamily properties

1710 Broadway St, Truth Or Consequences, NM 87901

Estimated value:
No data
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205 Coleman St
Multifamily properties

205 Coleman St, Truth Or Consequences, NM 87901

Estimated value:
No data
1.75 AC lot
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2335 Broadway St
Multifamily properties

2335 Broadway St, Truth Or Consequences, NM 87901

Estimated value:
No data
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Truth Or Consequences, NM Residential Income Properties Market Trends and Statistics

Explore 4 residential income properties for sale in Truth Or Consequences, NM on our real estate platform. These investment opportunities span a total of 5,528 square feet of properties for sale, with an estimated market value of $2,961,134.

Sale prices for residential income properties in Truth Or Consequences, NM average $2,961,134 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 2
Duplexes 1
Short term rental properties 1

Demographics Overview

Population 6,459
Population Growth (5Y) +1.0%
Median Household Income $27,868
College Educated 26.0%

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