Hobbs, NM
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    Hobbs, NM Multifamily Properties for Sale

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    Monument, NM Seminole, TX Lovington, NM
    Two Homes on 1.77 Acres
    $299,000
    1,260 SF

    Two Homes on 1.77 Acres

    825 E Santa Fe Street, Hobbs, NM 88240

    Two residences with potential for rental income and future development.

    • 1.77 acre property with two residences: a site‑built home and a manufactured home.
    • Excellent potential for rental income from multiple sources.
    • Ideal for multi‑generational living or owner occupancy with rental income.
    • Site‑built home featuring 2 bedrooms, 1 bathroom, approximately 1,260 sqft, with a fenced yard.
    • Manufactured home offers 3 bedrooms and 2 bathrooms.
    Updated: May 25
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    Sunrise Apartments Multifamily Investment Opportunity
    $3,500,000

    Sunrise Apartments Multifamily Investment Opportunity

    1515 E Scharbauer Street, Hobbs, NM 88240

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

    • Strong in‑place income with $440,880 actual rental income in 2025.
    • Desirable unit mix with larger floorplans, including 16 three‑bedroom units.
    • Convenient access and visibility near Seminole Highway.
    • Stabilized multifamily investment opportunity with reliable cash flow.
    • Amenities include a community swimming pool, on‑site leasing office, and shared laundry facility.
    Updated: Mar 12
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    RV Park Investment Opportunity
    $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
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Hobbs, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Property in Seminole, TX
    $2,400,000
    8,700 SF

    Mixed-Use Property in Seminole, TX

    Commercial building with offices and ten rentable homes on 5.72 acres.

    1093 US 62-180, Seminole, TX 79360
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    Lovington RV Park with Expansion
    $1,400,000
    5.00 Acres

    Lovington RV Park with Expansion

    Turn-key RV park with expansion potential in Lovington, NM.

    103 S 17th Street, Lovington, NM 88260
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    45-Site RV Park in Lovington
    $1,400,000

    45-Site RV Park in Lovington

    RV park in Permian Basin with strong cash flow.

    103 S 17th Street, Lovington, NM 88260
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    RV Park Investment Opportunity
    $140,000
    5.01 Acres

    RV Park Investment Opportunity

    5.01 acre RV park with hook-ups for sale.

    Cr 205 N Quail Run, Seminole, TX 79360
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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Land in Seminole, TX
    $75,000
    0.26 Acres

    Residential Land in Seminole, TX

    Two lots with mobile home utilities in Seminole, Texas.

    800 NW 2nd St, Seminole, TX 79360
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    Land in Avalon Estates, Seminole
    $80,000
    3.26 Acres

    Land in Avalon Estates, Seminole

    Residential land for sale in a quiet country setting.

    County Rd 100 lot: 10, Seminole, TX 79360
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    Residential Land in Goldsmith, TX
    $115,000
    0.73 Acres

    Residential Land in Goldsmith, TX

    Fenced land with utilities ready for a mobile home.

    15764 W 39th St, Goldsmith, TX 79741
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    Odessa, TX Acreage Available
    $45,000
    1.08 Acres

    Odessa, TX Acreage Available

    One acre lot in Odessa, Texas, mobile home friendly.

    N Baylor St, Odessa, TX 79764
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    Off-Market Properties in Hobbs, NM

    Consider similar Off-Market properties in Hobbs, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    207 Townsend Pl
    MOBILE HOME PARK, TRAILER PARK
    4 SF
    Value Estimation by Request

    207 Townsend Pl, Hobbs, NM 88240-9541

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    921 Copper Ave
    MOBILE HOME PARK, TRAILER PARK
    1,268 SF
    Value Estimation by Request

    921 Copper Ave, Hobbs, NM 88240-1748

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    6824 Country Rd
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    6824 Country Rd, Hobbs, NM 88242-0823

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    924 Coal Ave
    MOBILE HOME PARK, TRAILER PARK
    1,252 SF
    Value Estimation by Request

    924 Coal Ave, Hobbs, NM 88240-1717

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    200 Townsend Pl
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    200 Townsend Pl, Hobbs, NM 88240-9549

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    228 Townsend Pl
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    228 Townsend Pl, Hobbs, NM 88240-9549

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    115 Townsend Pl
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    115 Townsend Pl, Hobbs, NM 88240-9526

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    1407 Bender Blvd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.00 Acre
    Value Estimation by Request

    1407 Bender Blvd, Hobbs, NM 88240-9232

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    227 Townsend Pl
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    227 Townsend Pl, Hobbs, NM 88240-9541

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    Hobbs, NM 88240
    MOBILE HOME PARK, TRAILER PARK
    728 SF
    Value Estimation by Request

    Hobbs, NM 88240

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    709 Iron Ave
    MOBILE HOME PARK, TRAILER PARK
    1,226 SF
    Value Estimation by Request

    709 Iron Ave, Hobbs, NM 88240-1850

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    203 Taos St Trlr, Unit 1
    MOBILE HOME PARK, TRAILER PARK
    1,120 SF Lot: 0.03 Acres
    Value Estimation by Request
    Unit 1

    203 Taos St Trlr, Hobbs, NM 88240-1243

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    551 Campbell St
    MOBILE HOME PARK, TRAILER PARK
    1,456 SF
    Value Estimation by Request

    551 Campbell St, Hobbs, NM 88240-9415

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    217 Townsend Pl
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    217 Townsend Pl, Hobbs, NM 88240-9541

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    2315 Jefferson St
    Multifamily properties
    Value Estimation by Request

    2315 Jefferson St, Hobbs, NM 88240

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    2315 Jefferson St
    Multifamily properties
    6,330 SF Lot: 0.45 Acres
    Value Estimation by Request

    2315 Jefferson St, Hobbs, NM 88240

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    1307 Snyder St
    Multifamily properties
    Lot: 2.89 Acres
    Value Estimation by Request

    1307 Snyder St, Hobbs, NM 88240

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    216 Victoria Ln
    MOBILE HOME PARK, TRAILER PARK
    896 SF
    Value Estimation by Request

    216 Victoria Ln, Hobbs, NM 88240-7650

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    110 Victoria Ln
    MOBILE HOME PARK, TRAILER PARK
    896 SF
    Value Estimation by Request

    110 Victoria Ln, Hobbs, NM 88240-7647

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    211 Victoria Ln
    MOBILE HOME PARK, TRAILER PARK
    896 SF
    Value Estimation by Request

    211 Victoria Ln, Hobbs, NM 88240-7652

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    220 Victoria Ln
    MOBILE HOME PARK, TRAILER PARK
    1,080 SF
    Value Estimation by Request

    220 Victoria Ln, Hobbs, NM 88240-7650

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    Hobbs, NM Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Hobbs, NM, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,080 square feet of properties for sale, with an estimated market value of $3,799,000.

    Sale prices for multifamily properties in Hobbs, NM start at $299,000, averaging $1,899,500, and reaching up to $3,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Apartment buildings 1
    Mobile home & RV parks 1

    Demographics Overview

    Population 50K
    Population Growth (5Y) +4.5%
    Median Household Income $69,020
    College Educated 12.0%

    High-Yield Neighborhoods for Investment

    Identify Hobbs submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    88240 $2.4M

    Taxes & Financing

    Tax Rate (average for all types) 2.68%
    Property Tax per SF $10.31 per sq ft
    Tax Rate vs County Average 0.11 pp below county avg
    Average Loan-to-Value 65.0%

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