2315 N Jefferson ST Active

Hobbs,NM 88240

$ 840000

1 Bed

1 Bath

6330 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,330 sqft

Price per Sqft $132

MLS Listing ID 1065320

Bedrooms 1

Construction Status Resale

HOA Y/N No

Year Built 1979

Annual Tax Amount $3,004

Lot Size 0.450 Acres

Acres 0.45

Lot Dimensions Public Records

Property Description

This 12-unit community is nestled in the heart of Hobbs, located at 2315 N Jefferson and in close proximity to major employers and retail opportunities.Hobbs is a community has made major investments in expanding their quality of living including the addition of the $62 million, 160,000 square foot community center known as the CORE Center for Recreation excellence.Did you know NM is #2 in the country for oil production? Or that this market (Hobbs) is severely underserved for new housing? If you want to help solve the problem - plan to attend the Hobbs, NM Housing Summit on August 20th, 2024 - info and registration (ask broker)Based on an ask price of $840,000 the current avg rents of $594 per month, the property's measures of investment performance include a 9.82 GRM, 6.8% ca

Location

State NM

County Lea

Area 490 - Lea

Interior

Heating Wall Furnace

Cooling Evaporative Cooling

Flooring Carpet, Vinyl

Fireplace No

Appliance Refrigerator

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 4 000 036 880 001

Acceptable Financing Cash,Conventional,Other,See Remarks

Green/Energy Cert None

Listing Terms Cash,Conventional,Other,See Remarks

View More
Favorite Go Tour