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Fourplex with Laundry Rooms
New
For Sale
$425,000

1201 W Hobbs St, Roswell, NM 88201

All four apartments are occupied, and each has a separate laundry room.

Property Size4,000 SF
Price / SF$106.25
Days on Market7

Property Features for 1201 W Hobbs St

General Information

Standard status Active
Size 4,000 SF
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Amenities

laundry room

Building Details

Year Built 1982
Listing Agency: Keller Williams Roswell
Listed By: Mirta Varela · License #994
Source: Rivasrealestatenm
Added: Oct 1 Last Checked: Oct 5 at 3:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Roswell

Investment Insights

Based on property information with market context.

Built in 1982, this 4,000-square-foot fourplex contains four apartments. Each unit offers two bedrooms, one bathroom, and a dedicated laundry room. All four units are currently rented.

The property is located at 1201 W Hobbs St in Roswell, New Mexico.

Key Highlights

  • Four apartments, each configured with 2 bedrooms and 1 bathroom
  • A separate laundry room serves each unit
  • All four units are currently rented

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Building Supply Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

100
Businesses Nearby

Demographics for 88201, NM

26,471
Population
11,738
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
87%
High-School Grad
2,643.3 sq mi
ZIP Area
10
Density / Sq Mi
$62,752
Median Household Income
$36,935
Median Earnings
$957
Median Rent
$202,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - All four apartments are occupied, and each has a separate laundry room.
Where is this quadplex located?
The property is located at 1201 W Hobbs St Roswell, NM.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Four apartments, each configured with 2 bedrooms and 1 bathroom; A separate laundry room serves each unit; All four units are currently rented
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