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Three-Home Residential Income Property
For Sale
Contact for pricing
Pending

1213 S Perry Dr, Hobbs, NM 88240

Three homes on one lot generate residential income, with multiple units featuring 2- and 3-bedroom layouts.

Property SizeContact for details
Days on Market148

Property Features for 1213 S Perry Dr

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Casa Oasis Realty
Listed By: JENNIFER LOPEZ · License #NM 54870
Source: Crexi
Added: Apr 11 Changed: Aug 26 Last Checked: Sep 1 at 6:38PM

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 Casa Oasis Realty

Investment Insights

Based on property information with market context.

This residential income property includes three homes sold together on one lot. 1213 S Perry Dr is a two-bedroom, one-bath home with a second bedroom and laundry room still under construction. 407 E Texas is a two-bedroom, one-bath home. The home next to 407 E Texas is also under construction and features three bedrooms and one bathroom.

All three homes are being offered as a single investment package. The property is located at 1213 S Perry Dr and includes the adjacent addresses described above.

Prospective buyers should review the scope of the construction underway in the units noted as incomplete, since portions of both the Perry Dr home and the neighboring E Texas-area home remain under construction.

Key Highlights

  • Investment property: 3 homes on one lot sold together for residential income
  • 1213 S Perry: 2 bed/1 bath, with 2nd bedroom and laundry room still under construction
  • 407 E Texas: 2 bed/1 bath

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Daycare Center Skin Care Clinic Furniture & Home Goods (Bike/Boat/Book/etc) Store Bakery

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

Location Intelligence

Trade Area within ½ mile

272
Businesses Nearby

Demographics for 88240, NM

42,386
Population
16,490
Households
2.6
Avg Household Size
31
Median Age
17%
College-Educated
76%
High-School Grad
600.2 sq mi
ZIP Area
71
Density / Sq Mi
$65,394
Median Household Income
$37,178
Median Earnings
$1,124
Median Rent
$177,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Triplex - Three homes on one lot generate residential income, with multiple units featuring 2- and 3-bedroom layouts.
Where is this triplex located?
The property is located at 1213 S Perry Dr Hobbs, NM.
What are key features of this property?
This property features: Investment property: 3 homes on one lot sold together for residential income; 1213 S Perry: 2 bed/1 bath, with 2nd bedroom and laundry room still under construction; 407 E Texas: 2 bed/1 bath
(575) 605-8955 Call to check price and availability
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