Property summary
This 67-key Hampton Inn & Suites by Hilton in Hobbs, New Mexico, presents a compelling investment opportunity. Located on 1.563 acres at 5420 N Lovington Hwy, 88242, this three-story, 68,074 square foot hotel, built in 2004, offers significant upside potential. The property boasts a strong operational history, with a trailing twelve-month (TTM) July 2024 gross operating profit (GOP) of 29.6% and a net operating income (NOI) of approximately $434,000. Rooms revenue increased 10.4%… year-over-year (TTM August 2024), averaging over $1,700,000 annually from 2021-2023. The asking price of $5,200,000 translates to an attractive 2.7x rooms revenue multiplier. A Spark by Hilton conversion is possible, with a provided property improvement plan (PIP) estimating a $1.34 million cost. This conversion is expected to align well with the local market's demand, driven by the strong oil and gas industry in Lea County, the nation's top oil producer. The hotel benefits from diverse demand sources, including major energy companies, educational institutions, hospitals, and local attractions like Zia Park Casino & Racetrack, attracting 2.2 million visitors annually. The property's annual property tax expense averaged a low $15,000 over the last five years. With a potential for improved GOP margins (44-47%), and a purchase price well below replacement cost (estimated $110,000-$130,000 per key to build new), this hotel offers a robust return on investment. The property is offered fee simple.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
2 properties in this citySimilar in This City for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 68,074 SF
- Lot area
- 1.56 ac
- Year built
- 2004
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Value Estimation
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- Cap Rate Calculation
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- Alternative use
- Local Zoning Insight
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