2724 W Marland St - Hospitality FOR SALE


Hobbs, NM 88240
$750,000 USD
575-392-7355
2724 W Marland St, Hobbs, NM for Sale
$750,000 USD
Hospitality - FOR SALE
1/22
null | Request Cap Rate

2724 W Marland St
Hobbs, NM 88240


HIGHLIGHTS

  • Updated Plumbing and sewer.
  • On site 2 bedroom apartment.
  • Updated rooms.
  • Pergola and grill on site.

OVERVIEW

This well-maintained 21-unit motel is an excellent investment opportunity. Each room is designed with comfort in mind, featuring 1 bedroom and 1 private bathroom. There is 6 doubles and 15 singles. In addition to the 21 units, the property includes a spacious on-site apartment, perfect for an owner or manager to live in or rent out for additional income. The motel is equipped with a convenient laundry room for guest use and a dedicated utility room to manage the property’s needs efficiently. Its prime location makes it attractive for travelers. Don’t miss this chance to own a turnkey business with excellent income potential!

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$94 USD /SF

# OF ROOMS

21

PRICE/ROOM

$35,714 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Basin Lodging

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1985

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

None

APN/PARCEL ID

4000119520001

ASK ABOUT THIS PROPERTY

Sydney StrasnerRivas Real EstateMore Info
575-392-7355

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Sydney StrasnerRivas Real EstateMore Info
575-392-7355

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.