703 W Calle Sur, Hobbs, NM 88240

Building Details

Year Built

1981

Listing agent Leeroy Rivas License #REC-2022-0571

Listing office Rivas Real Estate Team

Listing date Jun 13, 2026

Source Crexi

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

Report an issue

---

Overview

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.

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Hobbs

County

Lea

State

New Mexico

Longitude

-103.144038

Latitude

32.743949

Nearby Similar for Sale

• 

  $2,300,000

  2,585 SF

  Hobbs Retail/Restaurant with Drive-Thru

  2585 SF retail/restaurant on 7.61 acres with drive-thru.

  1615 W Millen Drive, Hobbs, NM 88240

  View Details
• 

  $425,000

  5,000 SF

  Multi-Office Medical Building

  Multi-office building with front reception lounge, breakroom, laundry closet, and private bathrooms for clinical flexibility.

  311 W Broadway Street, Hobbs, NM 88240

  View Details
• 

  $750,000

  3,750 SF

  Commercial Property on Eunice Highway

  Commercial property with offices, shop, and ample yard space.

  6808 S Eunice Highway, Hobbs, NM 88240

  View Details
• 

  $2,053,333

  3,622 SF

  NN Leased Restaurant Investment Opportunity

  NN leased restaurant with attractive rental escalations and renewal options.

  3619 NW County Rd, Hobbs, NM

  View Details
• 

  $720,000

  4,400 SF

  Flexible Office Building on Corner Lot

  Flexible office layout with 12 rooms, multiple lobbies, and kitchen facilities on both levels for professional or medical use.

  201 E Sanger Street, Hobbs, NM 88240

  View Details
• 

  $299,000

  1,260 SF

  Two Homes on 1.77 Acres

  Two residences with potential for rental income and future development.

  825 E Santa Fe Street, Hobbs, NM 88240

  View Details
• 

  $7,300

  1,900 SF

  Fenced Commercial Property For Sale

  Versatile commercial property with office and shop/storage building.

  400 W Apache, Hobbs, NM 88240

  View Details
• 

  $3,500,000

  Sunrise Apartments Multifamily Investment Opportunity

  32-unit multifamily property in Hobbs, NM with strong income.

  1515 E Scharbauer Street, Hobbs, NM 88240

  View Details
• 

  $6,000

  2,622 SF

  Brand-New Retail/Office Strip Center

  Newly built strip center with retail and office suites for sale on E Navajo Drive.

  228 E Navajo Drive, Hobbs, NM 88240

  View Details
• 

  $3,500,000

  1,820 SF

  RV Park Investment Opportunity

  RV park with 88 spaces on approximately 20 acres.

  1101 W Christopher Lane, Hobbs, NM 88240

  View Details
• 

  $8,500

  Fenced Industrial Truck Yard

  Fully fenced, gated yard designed for truck, equipment, and fleet operations with convenient access and visibility.

  440 E Campbell, Hobbs, NM 88240

  View Details
• 

  $450,000

  2,400 SF

  Event Venue with Spacious Barn

  Versatile event venue featuring a 2,400 sq ft barn.

  12915 N Denver City Highway, Hobbs, NM 88242

  View Details

FAQs

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