Hobbs NM Multi Family for Sale
$589,000
1307 E Snyder Street Hobbs, NM 88240
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.89 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- 20245447
ADDITIONAL INFORMATION
**MOBILE HOME PARK WITH EXPANSION POTENTIAL IN THE HEART OF THE PERMIAN BASIN** Invest in prime, income-producing property located in the thriving Permian Basin oil area. This mobile home park offers a steady stream of revenue and includes 2 additional acres, providing ample space for future development and growth! Don't miss out on this solid income stream with potential for significant future growth, making it a rare find in the booming Permian Basin region! Call Today for all of the details and make your investing dreams come true.
- Type:
- Multi-Family
- Sq.Ft.:
- 6,330
- Status:
- Active
- Beds:
- 1
- Lot size:
- 0.45 Acres
- Year built:
- 1979
- Baths:
- 1.00
- MLS#:
- 1065320
View additional info
Courtesy: NM Apartment Advisors, Inc.
505-440-8633
505-440-8633
ADDITIONAL INFORMATION
This 12-unit community is nestled in the heart of Hobbs, located at 2315 N Jefferson and in close proximity to major employers and retail opportunities.Hobbs is a community has made major investments in expanding their quality of living including the addition of the $62 million, 160,000 square foot community center known as the CORE Center for Recreation excellence.Did you know NM is #2 in the country for oil production? Or that this market (Hobbs) is severely underserved for new housing? If you want to help solve the problem - plan to attend the Hobbs, NM Housing Summit on August 20th, 2024 - info and registration (ask broker)Based on an ask price of $840,000 the current avg rents of $594 per month, the property's measures of investment performance include a 9.82 GRM, 6.8% ca
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Southwest Multiple Listing Service Inc., a wholly owned subsidiary of the Greater Albuquerque Association of REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Southwest Multiple Listing Service, Inc.
Hobbs Real Estate
The median home value in Hobbs, NM is $212,000. This is higher than the county median home value of $134,200. The national median home value is $219,700. The average price of homes sold in Hobbs, NM is $212,000. Approximately 52.77% of Hobbs homes are owned, compared to 31.81% rented, while 15.42% are vacant. Hobbs real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hobbs real estate agent to arrange a tour today!
Hobbs, New Mexico has a population of 37,427. Hobbs is less family-centric than the surrounding county with 37.04% of the households containing married families with children. The county average for households married with children is 38.61%.
The median household income in Hobbs, New Mexico is $57,906. The median household income for the surrounding county is $59,285 compared to the national median of $57,652. The median age of people living in Hobbs is 31.1 years.
Hobbs Weather
The average high temperature in July is 92.4 degrees, with an average low temperature in January of 29.6 degrees. The average rainfall is approximately 16.4 inches per year, with 0.8 inches of snow per year.