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$ 899,000
Est. payment /mo
Price Dropped by $51K
2724 W Marland Boulevard Hobbs, NM 88240
UPDATED:
11/25/2024 09:33 PM
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20245839
Annual Tax Amount $10,926
Tax Year 2024
Lot Dimensions 1.04 ACRES
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
Listed by RIVAS REAL ESTATE TEAM CO.
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