67-Room Sleep Inn & Suites
New
For Sale
$6,000,000
4630 N Lovington Hwy, Hobbs, NM 88240
Three-story lodging property with indoor recreation amenities, meeting space, and business services for guest stays.
Property SizeContact for details
Lot Size2.02 Acres
Days on Market2
Property Features for 4630 N Lovington Hwy
General Information
Standard status
Active
Total Parking Spaces
75
Lot size
2.02 Acres
Property subtype
Hotel-Motel
Additional Details
Asking Price
$6,000,000
Amenities
business center
fitness center
heated indoor pool and hot tub
complimentary breakfast service
Strategic Permian Basin Location: Positioned Within One of North America's Most Productive Oil & Gas Regions, Generating Significant Corporate and Workforce Lodging Demand.
Choice Hotels Brand Affiliation: 67-Room, Midscale Hotel Operating Under the Recognized Sleep Inn & Suites Flag.
Approximately $1 Million in Renovations: Significant Capital Improvements Completed in 2019 and 2026 Enhancing the Property's Competitive Position.
Premier Energy Market Exposure: Benefits From Demand Generated by Permian Basin Operators, Contractors, Consultants, and Engineering Firms.
Major Oilfield Services Presence: Near Halliburton and SLB (Schlumberger), Two of the Energy Industry's Largest Service Providers.
Strong Event and Convention Demand: Located Near Lea County Event Center, Hosting Trade Shows, Rodeos, Concerts, Sporting Events, and Community Gatherings.
Healthcare Demand Driver: Proximity to Lea Regional Medical Center / Covenant Health Hobbs Hospital Generates Patient, Visitor, and Medical Professional Room Nights.
Regional Gaming and Entertainment Destination: Located Near Zia Park Casino, Hotel & Racetrack, a Major Leisure Demand Generator.
Building Details
Year Built
2008
Year Renovated
2026
Stories
3
Listing Agency:
Marcus & Millichap - Dallas
Listed By:
Chris Gomes · License #License(s): TX: 9006826, TX: 591152
(972) 755-5302
Source:
Marcusmillichap
Added: Sep 13
Last Checked: Sep 14 at 5:16AM
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 Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
The Sleep Inn & Suites is a three-story hotel with 67 guest rooms on approximately 2.02 acres. The property includes a business center, fitness center, heated indoor pool, hot tub, complimentary breakfast service, 75 parking spaces, and approximately 240 square feet of meeting space. Originally built in 2008, the hotel underwent renovations in 2019 and again in 2026.
Located at 4630 N Lovington Highway in Hobbs, the property serves lodging demand associated with the Permian Basin's energy industry, including exploration, production, engineering, contracting, consulting, and project activity. Additional demand drivers identified for the area include Lea County Regional Airport, Lea County Event Center, New Mexico Junior College, the University of the Southwest, Lea Regional Medical Center/Covenant Health Hobbs Hospital, Zia Park Casino, Hotel & Racetrack, and the CORE Center.
Located at 4630 N Lovington Highway in Hobbs, the property serves lodging demand associated with the Permian Basin's energy industry, including exploration, production, engineering, contracting, consulting, and project activity. Additional demand drivers identified for the area include Lea County Regional Airport, Lea County Event Center, New Mexico Junior College, the University of the Southwest, Lea Regional Medical Center/Covenant Health Hobbs Hospital, Zia Park Casino, Hotel & Racetrack, and the CORE Center.
Key Highlights
- 67 guest rooms across three stories
- Approximately 2.02 acres at 4630 N Lovington Hwy, Hobbs, NM 88240
- Heated indoor pool and hot tub
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Hotel - Three-story lodging property with indoor recreation amenities, meeting space, and business services for guest stays.
Where is this hotel located?
The property is located at 4630 N Lovington Hwy Hobbs, NM.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 67 guest rooms across three stories; Approximately 2.02 acres at 4630 N Lovington Hwy, Hobbs, NM 88240; Heated indoor pool and hot tub
