Fourplex with Four 2BR
For Sale
Contact for pricing
703 W Calle Sur, Hobbs, NM 88240
A fourplex with four 2-bedroom, 1-bath units, including two ground-level accessible apartments.
Property SizeContact for details
Days on Market57
Property Features for 703 W Calle Sur
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
4
Building Details
Year Built
1981
Stories
2
Listing Agency:
Rivas Real Estate Team
(575) 318-6228
Listed By:
Leeroy Rivas · License #REC-2022-0571
Source:
Crexi
Added: Jun 13
Changed: Aug 8
Last Checked: Aug 8 at 8:00AM
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 Rivas Real Estate Team
Investment Insights
Based on property information with market context.
This fourplex includes four separate 2-bedroom, 1-bathroom units. The building is configured with two accessible ground-level units on the first floor and two upper-level units on the second floor. The property is currently fully rented with tenants already in place.
The asset is located in North Hobbs, just minutes from shopping centers, grocery stores, and retail options.
For investors or buyers seeking a small multifamily asset, the four-unit layout and existing tenant occupancy provide straightforward operations and unit-level separation. The mix of ground-level and upper-level apartments can also support a range of resident needs within a compact building format. Please contact us for additional details on the units and current occupancy.
The asset is located in North Hobbs, just minutes from shopping centers, grocery stores, and retail options.
For investors or buyers seeking a small multifamily asset, the four-unit layout and existing tenant occupancy provide straightforward operations and unit-level separation. The mix of ground-level and upper-level apartments can also support a range of resident needs within a compact building format. Please contact us for additional details on the units and current occupancy.
Key Highlights
- Fourplex built in 1981 with four 2‑bedroom, 1‑bath units
- Two ground‑level accessible units on the first floor
- Two upper‑level units on the second floor
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
496
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - A fourplex with four 2-bedroom, 1-bath units, including two ground-level accessible apartments.
Where is this quadplex located?
The property is located at 703 W Calle Sur Hobbs, NM.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Fourplex built in 1981 with four 2‑bedroom, 1‑bath units; Two ground‑level accessible units on the first floor; Two upper‑level units on the second floor
