Hospitality

Hobbs, NM Hospitality Properties for Sale

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Monument, NM Lovington, NM
67-Room Sleep Inn & Suites Hotel
Updated: Sep 13
67-Room Sleep Inn & Suites Hotel

4630 N Lovington Hwy, Hobbs, NM 88240

$5,750,000
2.02 AC lot
67 guest rooms across three stories
Approximately 2.02 acres at 4630 N Lovington Hwy, Hobbs, NM 88240
Heated indoor pool and hot tub
75 parking spaces and approximately 240 square feet of meeting space
Renovations completed in 2019 and another renovation in 2026
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1 active listing matches your search: Hospitality for sale in Hobbs, NM. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 off-market properties to explore as potential leads.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Four-Story Interstate Hotel
Four-Story Interstate Hotel

910 Interstate 20, Midland, TX 79701

Contact for pricing
37,500 sqft 1.30 AC lot

Comfort Suites by Choice features 61 interior-corridor rooms on a commercial pad with an outdoor pool.

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207-Key Full-Service Hotel Asset
207-Key Full-Service Hotel Asset

3100 W Wall St, Midland, TX 79701

Contact for pricing
24,476 sqft

207-key Wyndham Garden Midland hotel for sale in Midland, Texas.

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Motel 6 Economy Hotel
Motel 6 Economy Hotel

3824 National Parks Highway, Carlsbad, NM 88220

Contact for pricing

The 77-room hotel completed its 2024 Motel 6 Property Improvement Plan, following renovations from 2023 through 2025.

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Carlsbad Hospitality Investment Opportunity
Carlsbad Hospitality Investment Opportunity

2210 W Pierce St, Carlsbad, NM 88220

Contact for pricing
46,480 sqft

80 modernized units, renovated in 2018, prime Carlsbad location.

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Off-Market Properties in Hobbs, NM

Consider similar Off-Market properties in Hobbs, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

5420 Lovington Hwy
Hotels

5420 Lovington Hwy, Hobbs, NM 88242

Estimated value: by Request
68,074 sqft 1.56 AC lot
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2315 Jefferson St
Multifamily properties

2315 Jefferson St, Hobbs, NM 88240

Estimated value: by Request
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1307 Snyder St
Multifamily properties

1307 Snyder St, Hobbs, NM 88240

Estimated value: by Request
2.89 AC lot
View details
2724 Marland Blvd
Hotels

2724 Marland Blvd, Hobbs, NM 88240

Estimated value: by Request
1.04 AC lot
View details

Hobbs, NM Hospitality Properties Market Trends and Statistics

Explore 5 hospitality properties for sale in Hobbs, NM on our real estate platform.

Sale prices for hospitality properties in Hobbs, NM average $5,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 2

Demographics Overview

Population 50K
Population Growth (5Y) +4.5%
Median Household Income $69,020
College Educated 12.0%

High-Yield Neighborhoods for Investment

Identify Hobbs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
88240 $5.8M

Taxes & Financing

Tax Rate (average for all types) 2.68%
Property Tax per SF $10.31 per SF
Tax Rate vs County Average 0.11 pp below county avg
Average Loan-to-Value 65.0%

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