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Hoosier Hot Springs 516 Austin St

5 Room Hotel Truth Or Consequences, NM 87901 For Sale

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Executive Summary

Hoosier Hot Springs is located in the Hot Springs Bathhouse and Commercial Historic District in Truth or Consequences - a 56 acre historic district that was listed on the National Register of Historic Places in 2005.
Hoosier Hot Springs has three lines of business:
• Hot Springs - renovated and reintroduced to the public in early 2024
• Inn/Short Term Rentals - 5 units (4 suites and 1 room) opening late September 2024
• Residences/Long Term Rentals - 7 units (4 one bedroom units and 3 studio apartments)

HoosierHotSprings_10032024

Property Facts

Sale Type	Investment	No. Rooms	5
Sale Conditions	Business Value Included	No. Stories	2
Property Type	Hospitality	Year Built/Renovated	1937/2024
Property Subtype	Hotel	Parking Ratio	2.17/1,000 SF
Building Class	B	Corridor	Exterior
Lot Size	0.41 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Size	5,528 SF

Sale Type	Investment
Sale Conditions	Business Value Included
Property Type	Hospitality
Property Subtype	Hotel
Building Class	B
Lot Size	0.41 AC
Building Size	5,528 SF
No. Rooms	5
No. Stories	2
Year Built/Renovated	1937/2024
Parking Ratio	2.17/1,000 SF
Corridor	Exterior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.