Truth or Consequences, NM Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Truth or Consequences, New Mexico Market population: 6K. Compare commercial properties across all major...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Truth or Consequences NM Properties: 0.7900%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Truth or Consequences NM
Common questions from investors exploring commercial real estate in Truth or Consequences NM.
What's the overall investment potential of Truth or Consequences, NM?
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With a median household income of $31,925 and a poverty rate of 23.1%, Truth or Consequences presents a mix of challenges and opportunities, but the 88.2% health insurance coverage and relatively short 17.1-minute average commute time suggest a stable workforce, which can be attractive for investors looking for reliable rental income in the Health Care & Social Assistance and Retail Trade industries.
How does the city's ethnic diversity impact market demand?
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The city's diverse population, comprising 73.1% White, 23.4% Hispanic or Latino, and 2.3% American Indian or Alaska Native, indicates a potentially vibrant cultural scene, which can drive demand for housing and local businesses, especially in the Accommodation & Food Services sector, and with a foreign born rate of 7.3%, there may be opportunities for investments catering to international tastes and preferences.
What are the key factors influencing the quality of life for residents and tenants?
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The combination of a high homeownership rate of 65.1%, low average commute time of 17.1 minutes, and high health insurance coverage of 88.2% suggests a good quality of life, which can contribute to a stable and attractive rental market, and with top commute methods including driving alone, carpooling, and working from home, investors should consider the potential for remote work-friendly rentals and community amenities.
How does the local economy affect real estate investment potential?
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The median property value of $103,400 and median property taxes of $1,431, coupled with a GINI coefficient of 0.463 indicating moderate income inequality, suggest that investors should be mindful of the balance between property values and rental yields, and with top industries including Health Care & Social Assistance and Retail Trade, there may be opportunities for investments in commercial properties or healthcare-related facilities.
What are the implications of the city's demographics for tenant quality and rental yields?
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The city's median age of 48.4, poverty rate of 23.1%, and health insurance coverage of 88.2% imply a working-class market with employment stability, and with an employed population of 2,349, investors should consider the potential for rentals catering to families and individuals with stable employment in the local industries, and the relatively low average commute time of 17.1 minutes can contribute to a reliable and attractive rental market.
Truth or Consequences NM Real Estate & City Facts
Key facts and real estate information about Truth or Consequences NM.
What are some of the best neighborhoods to live in Truth or Consequences?
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Some of the best neighborhoods to live in Truth or Consequences include those with easy access to the city's hot springs, such as the area around Riverbend Hot Springs. Other neighborhoods, like those near the Geronimo Springs Museum, offer a mix of historic charm and modern amenities. It's worth noting that the city has a range of neighborhoods to suit different tastes and budgets, from more rural areas to those closer to the city center.
What are some fun things to do in Truth or Consequences?
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There are plenty of fun things to do in Truth or Consequences, including visiting the Riverbend Hot Springs, exploring the Geronimo Springs Museum, and taking a hike in the nearby Gila National Forest. The city also has a range of attractions, such as the Elephant Butte Lake State Park, which offers opportunities for boating, fishing, and other outdoor activities. For those looking for something more relaxing, the city's Healing Waters Plaza is a great spot to sit and people-watch.
What is the food scene like in Truth or Consequences?
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The food scene in Truth or Consequences is a mix of traditional New Mexican cuisine and more modern twists. There are plenty of great restaurants to choose from, such as El Faro, which serves up authentic Mexican dishes, and Outer Edge Pizzeria, which offers delicious pizzas with a community spirit. There are also plenty of great food trucks and casual eateries, like Johnny B's Restaurant, which serves up classic American fare. Whether you're in the mood for something spicy or something comforting, you'll find it in Truth or Consequences.
What are the pros and cons of living in Truth or Consequences?
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One of the pros of living in Truth or Consequences is the city's natural hot springs, which are believed to have healing properties. The city also has a range of outdoor activities, from hiking and biking to fishing and boating, making it a great spot for nature lovers. However, one of the cons is that the city can be quite rural, which may make it difficult to access certain amenities or services. Additionally, the city's economy is not as diverse as some other parts of the state, which may limit job opportunities. Overall, though, Truth or Consequences is a great choice for those looking for a relaxed, small-town lifestyle.
Is Truth or Consequences a good place to live?
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Truth or Consequences is a great place to live for those who value a relaxed, small-town lifestyle and are looking for a mix of natural beauty and outdoor activities. The city has a range of amenities, from hot springs to restaurants and shops, and a strong sense of community. However, it may not be the best fit for everyone, particularly those who are looking for a more urban lifestyle or a wider range of job opportunities. Ultimately, whether Truth or Consequences is a good place to live depends on your individual priorities and preferences.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Truth or Consequences NM Commercial Property: $31,925
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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