For Sale
$575,000

423 Marr St Truth or Consequences, NM 87901

Four-unit inn, hot springs access, great investment.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
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.

Highlights

  • Four-unit property in Truth or Consequences, NM, asking $575,000.
  • Located downtown on a 9,000 sq ft lot.
  • Built in 1956, recently updated.
  • Features two hot tubs utilizing local mineral water.
  • Multiple patios and extensive landscaping.
  • Ideal for short-term or long-term rentals (Airbnb potential).

Property Details for 423 Marr St

Property type
Specialty properties
Year Built
1956
Units
4

Location Insight

City
Truth or Consequences
County
Sierra
State
New Mexico
Latitude
33.1270085
Longitude
-107.2551382

FAQs

What type of property is this?
Specialty property - Four-unit inn, hot springs access, great investment.
Where is the specialty property located?
The property is located at 423 Marr St Truth or Consequences, NM.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Four-unit property in Truth or Consequences, NM, asking $575,000.; Located downtown on a 9,000 sq ft lot.; Built in 1956, recently updated.
How can I contact the broker?
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423 Marr St
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