Hobbs, NM 88240,2724 W Marland Boulevard
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Hobbs, NM 88240,2724 W Marland Boulevard
Hobbs, NM 88240,2724 W Marland Boulevard
Hobbs, NM 88240,2724 W Marland Boulevard
Hobbs, NM 88240,2724 W Marland Boulevard

$750,000

Est. payment /mo

$750,000

Est.Price: ?

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2724 W Marland Boulevard Hobbs, NM 88240

SOLD DATE : 03/21/2025

Key Details

Sold Price $750,000

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 20245839

Sold Date 03/21/25

Annual Tax Amount $10,926

Tax Year 2024

Lot Dimensions 1.04 ACRES

Property Sub-Type Hotel/Motel

Property Description

This well-maintained 21-unit motel is an excellent investment opportunity. Each room is designed with comfort in mind, featuring 1 bedroom and 1 private bathroom. There is 6 doubles and 15 singles. In addition to the 21 units, the property includes a spacious on-site apartment, perfect for an owner or manager to live in or rent out for additional income. The motel is equipped with a convenient laundry room for guest use and a dedicated utility room to manage the property's needs efficiently. Its prime location makes it attractive for travelers. Don't miss this chance to own a turnkey business with excellent income potential!

Location

State NM

County Lea County

Area New Mexico Mls

Exterior

Utilities Available Electricity, Sewer, Water-City

Roof Type Metal,Pitched

Building

Structure Type Brick,Stucco

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Listed by RIVAS REAL ESTATE TEAM CO.
agent

Erin Anderson

Qualifying Broker | License ID: 19757

+1(575) 694-4717

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