Hay-Yo-Kay Hot Springs Property
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| Address: | 300 Austin Avenue, Truth or Consequences, New Mexico USA 87901 |
| Legal Description: | Lots 1 through 16 and Lots 24 through 32, plus all of the alley south of Lots 1 through 9, 5' of the alley adjacent to Lots 10 & 11, 10' of the alley adjecent to Lots 12 through 15, 10' of the alley adjecent to the W 5' of Lot 16, Block 41, Palomas Hot Springs Townsite, Hot Spring, NM (kna Truth or Consequences, NM) as the same is shown on the plat thereof on record in Sierra County, NM, containing approximately 1.89 acres + /-, together with approximately 400 AFY commercial hot mineral water rights (as shown by the office of the NM State Engineer files numbered HS-216 and HS- 220), together with all improvements thereon, subject to easements, encroachments and reservations or restrictions of record. |
| Lot Size: | Approximately 1.89 acres + /- |
| Improvements: | 1 bath house 1 longhouse with hot spring pool 5 two-bedroom apartment units |
| Water Rights: | 400 acre ft commercial hot mineral water rights + / - (HS-216 and HS-220) in the Hot Springs Artesian Basin of Truth or Consequences, NM. |
| Zoning: | C-1 and R-3 |
| Property Owner: | Equity Management Co., Inc., a New Mexico corporation. |
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$2,400,000 Contact: Mary Miles 575-740-2465 or 575-740-2465 Select images to enlarge |
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Established business including the oldest, continuously operating bath house in town, as well as the largest free flowing pools in the heart of the Downtown Historic Hot Water District. A centuries-old healing site with lovely year-round climate and abundant sunshine. Bath house has a separate building with modern bathrooms and laundry facilities. Five beautiful two-bedroom apartments, each approximately 1,050 square feet, with electric kitchens, swamp cooler, individual patios and private covered parking. Located near the site of Spaceport America, construction of which is in progress.
Property Features
- In the middle of the Downtown Historic Hot Water District
- Indoor & outdoor free flowing pools
- Commercial frontage on Austin, zoned R-3 along Marr
- Includes the Hay Yo Kay Hot Springs Bath House, the oldest, continuously operating bath house in town
- Hay Yo Kay contains seven (7) free flowing spring fed pools, five (5) of which are open to the public, and a separate modern shower/restroom/laundry bldg.
- The "Yucca Baths" consists of five (5) "outdoor" free flowing spring fed pools, including the two largest pools in town: a 22" diameter round pool; a 20' x 10' "long house" as well as the "Pagoda" and two 6' x 6' pools
- All pools are original - built in the early 1920's
- Apartments are modular, frame stucco, attached to footers and served by a common domestic hot water heater.
- Apartments were constructed in the mid-1980's
- Property is being sold "as is"
- Located in the 100 year flood plain
Visit the Truth or Consequences Chamber of Commerce web site for more information on the town and the area.
lee@ranchomagdalena.com