Higgenbotham Auctioneers International (HAI) announced today that Faywood Hot Springs Resort, and its accompanying 1280± acres will be offered at auction on Thursday, June 28, 2007 at 11:00 a.m. The auction will be held onsite at Faywood Hot Springs as well as broadcast live on the internet with real-time international online bidding available.

Located in southwestern New Mexico, midway between Silver City and Deming at 165 Hwy 61, Faywood NM 88034 lies historic mineral water hot springs at Faywood. The resort, which can trace its commercial use back to the mid 1800’s, is a commercial success and is being offered in parcels by Wanda Fuselier. She and her late husband, Elon Yurwit, purchased the property in 1993.

The hot springs resort parcel, which encompasses 156± acres, is completely modernized and its amenities include:

Fifteen flow-through, temperature regulated geothermal mineral water pools.
Certified mineral drinking water source (NM Dept. of Health January, 2004).
6063± sq. ft. Visitor Center with office, museum, gift shop, art gallery, restaurant with dining room and patio dining, commercial kitchen, conference suite, handicap accessible bathrooms and laundry facilities, plus a 2125± sq.ft. Courtyard in the center of the Visitor Center.
Six Guest Cabins each with queen bed plus sleeping loft, full bathroom, kitchenette, heat & A/C, ceiling fans Bar-B-Q grill, and picnic table.
One Adobe Cabin with queen bed, heat & A/C, Bar-B-Q grill, and picnic table.
One Guest house, 2 Bedroom/1 Bath, with full kitchen, plus Living Room, Washer & Dryer hookups, Heat & A/C, Bar-B-Q grill, and picnic table.
1242± sq. ft. Clubhouse with Handicap accessible restrooms
Campground with twenty RV sites and eleven tent sites, Campground facilities include 30 & 50 amp electric, water, sewage, large shade structures, BBQ grills, communal fire ring and picnic tables.
Staff Housing in three mobile homes, totaling six bedrooms and 4 bathrooms.
Workshop and Storage, totaling approximately 5000 sq. ft.

One parcel, which encompasses 156± acres, includes:
Ranch House, approximately 1500 sq. ft., 3 Bedroom/2 Bath plus Den, Living Room, Dining Room, Laundry Room, Carport, fireplace, woodstove, propane heat, ceiling fan.
Barns, corrals, 1242 sq. ft. shade structure.

“Faywood Hot Springs with its unique geology and rich history is a turn key opportunity and offers its new owner numerous opportunities for growth and development while at the same time providing travelers and locals a healthful, rejuvenating mineral water experience. The resort is well maintained (infrastructure and most buildings under 12 years old) and it offers an enticing environment for those who succumb to the lure of the hot spring’s seductive waters,” stated Laura Whitt who is Higgenbotham Auctioneers’ auction manager in charge of the Faywood sale.
Founded in 1959, Higgenbotham Auctioneers International (HAI) utilizes the auction method of marketing to sell real estate throughout the United States and the world. Higgenbotham’s success is attributed to the company’s stellar track record in marketing unique properties and the firm enjoys continuing relationships with Fortune 500 clients such as Alcoa, Wal-Mart, and Albertson’s Supermarkets, as well as many other publicly traded and closely held companies.

For more information on the Faywood Hot Springs Resort Property please contact Laura Whitt at Higgenbotham Auctioneers (800) 257-4161 or visit our website at Higgenbotham.com

Posted: 06|11|07 at 8:56 am. Filed under: Press Release.