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    Lea County, NM Multifamily Properties for Sale

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    Albuquerque, NM Santa Fe, NM Las Cruces, NM Farmington, NM Rio Rancho, NM Taos, NM Santa Teresa, NM Belen, NM
    Sunrise Apartments Multifamily Investment Opportunity
    Updated: Mar 12
    Sunrise Apartments Multifamily Investment Opportunity

    1515 E Scharbauer Street, Hobbs, NM 88240

    Contact for pricing
    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.
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    12-Unit Apartment Building
    Updated: Mar 26
    12-Unit Apartment Building

    212 S Shipp Street, Hobbs, NM 88240

    Contact for pricing
    12‑unit multifamily property (Year Built 1960) in Hobbs, New Mexico
    100% occupancy with $96,000 in annual rental income (actual 2025)
    Net Operating Income of approximately $67,575 (before debt service)
    Rents average about $667 per unit, with projected rents at $900/unit
    Gross potential rent of $129,600 annually and projected NOI of approximately $78,000–$92,000
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    Three-Home Residential Income Property
    Three-Home Residential Income Property

    1213 S Perry Dr, Hobbs, NM 88240

    Contact for pricing

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

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Multifamily Property with Owner Finance
    Multifamily Property with Owner Finance

    210 W Dunnam Street, Hobbs, NM 88240

    Contact for pricing

    15-unit multifamily property with potential for expansion and owner financing.

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    12-Unit Apartment Community
    12-Unit Apartment Community

    2315 N Jefferson Street, Hobbs, NM 88240

    Contact for pricing

    For sale 12-unit apartment community in Hobbs, New Mexico, positioned near major employers and retail opportunities.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 5 Active listings in Lea County, NM, we suggest exploring several alternatives: similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    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
    Residential Land in Seminole, TX

    800 NW 2nd St, Seminole, TX 79360

    $75,000
    0.26 AC lot

    Two lots with mobile home utilities in Seminole, Texas.

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    Land in Avalon Estates, Seminole
    Land in Avalon Estates, Seminole

    County Rd 100 lot: 10, Seminole, TX 79360

    $80,000
    3.26 AC lot

    Residential land for sale in a quiet country setting.

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    Odessa, TX Acreage Available
    Odessa, TX Acreage Available

    N Baylor St, Odessa, TX 79764

    $44,999
    1.08 AC lot

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

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    Residential Lot in Midland, TX
    Residential Lot in Midland, TX

    2933 Lampasas Dr, Midland, TX 79705

    $65,000
    1.03 AC lot

    1.03-acre corner lot, ideal for building or mobile home.

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    Off-Market Properties in Lea County, NM

    Consider similar Off-Market properties in Lea County, 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

    207 Townsend Pl, Hobbs, NM 88240-9541

    Value Estimation by Request
    4 sqft
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    1900 2nd St Trlr, Unit 8
    MOBILE HOME PARK, TRAILER PARK

    1900 2nd St Trlr, Lovington, NM 88260-2822

    Unit 8
    Value Estimation by Request
    980 sqft
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    921 Copper Ave
    MOBILE HOME PARK, TRAILER PARK

    921 Copper Ave, Hobbs, NM 88240-1748

    Value Estimation by Request
    1,268 sqft
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    6824 Country Rd
    MOBILE HOME PARK, TRAILER PARK

    6824 Country Rd, Hobbs, NM 88242-0823

    Value Estimation by Request
    View details
    924 Coal Ave
    MOBILE HOME PARK, TRAILER PARK

    924 Coal Ave, Hobbs, NM 88240-1717

    Value Estimation by Request
    1,252 sqft
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    200 Townsend Pl
    MOBILE HOME PARK, TRAILER PARK

    200 Townsend Pl, Hobbs, NM 88240-9549

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

    228 Townsend Pl, Hobbs, NM 88240-9549

    Value Estimation by Request
    View details
    114 Elm Ave
    MOBILE HOME PARK, TRAILER PARK

    114 Elm Ave, Lovington, NM 88260-2831

    Value Estimation by Request
    1,056 sqft
    View details
    219 Forrest St
    MOBILE HOME PARK, TRAILER PARK

    219 Forrest St, Lovington, NM 88260-2850

    Value Estimation by Request
    1,216 sqft
    View details
    115 Townsend Pl
    MOBILE HOME PARK, TRAILER PARK

    115 Townsend Pl, Hobbs, NM 88240-9526

    Value Estimation by Request
    View details
    1407 Bender Blvd
    MOBILE HOME PARK, TRAILER PARK

    1407 Bender Blvd, Hobbs, NM 88240-9232

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

    227 Townsend Pl, Hobbs, NM 88240-9541

    Value Estimation by Request
    View details
    Hobbs, NM 88240
    MOBILE HOME PARK, TRAILER PARK

    Hobbs, NM 88240

    Value Estimation by Request
    728 sqft
    View details
    709 Iron Ave
    MOBILE HOME PARK, TRAILER PARK

    709 Iron Ave, Hobbs, NM 88240-1850

    Value Estimation by Request
    1,226 sqft
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    203 Taos St Trlr, Unit 1
    MOBILE HOME PARK, TRAILER PARK

    203 Taos St Trlr, Hobbs, NM 88240-1243

    Unit 1
    Value Estimation by Request
    1,120 sqft 0.03 AC lot
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    551 Campbell St
    MOBILE HOME PARK, TRAILER PARK

    551 Campbell St, Hobbs, NM 88240-9415

    Value Estimation by Request
    1,456 sqft
    View details
    217 Townsend Pl
    MOBILE HOME PARK, TRAILER PARK

    217 Townsend Pl, Hobbs, NM 88240-9541

    Value Estimation by Request
    View details
    2315 Jefferson St
    Multifamily properties

    2315 Jefferson St, Hobbs, NM 88240

    Value Estimation by Request
    View details
    2315 Jefferson St
    Multifamily properties

    2315 Jefferson St, Hobbs, NM 88240

    Value Estimation by Request
    6,330 sqft 0.45 AC lot
    View details

    Lea County, NM Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Lea County, NM, showcased through 5 active listings on our real estate platform.

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