Sold

Price Unknown

1028 E Bender Blvd APT L, Hobbs, NM 88240

4beds

2baths

18,200sqft

Multi Family

Built in 1980

-- sqft lot

$984,100 Zestimate^®

$--/sqft

$1,775 Estimated rent

Home value

$984,100

$866,000 - $1.11M

$1,775/mo

Zestimate^® history

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$1,775/mo

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$1,775/mo

Rent Zestimate^®

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What's special

Grocery stores

NM Apartment Advisors Inc. and Bobby Shaw Real are excited to bring to this 26 unit community to market. Located in the heart of New Mexico's energy plex and at 1028 East Bender, Hobbs, NM, this apartment investment is a short drive to Hobbs entertainment, retail, grocery stores, and dozens of restaurants.The property features 26 individual buildings with two bedroom, one bathroom units and is an extreme value add opportunity. Full inspections and renovation quotes are available to qualified investors who complete the online confidentially agreement This investment / redevelopment opportunity is not for the first time investor or the faint of heart - it is going to take a lot of money and hands on effort to get the property headed in the right direction, but the potential arbitr

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Electric, Heat Pump

Cooling

Refrigerated

Appliances

Included: Refrigerator

Features

Flooring: Vinyl
Has basement: No

Interior area

Total structure area: 18,200
Total interior livable area: 18,200 sqft

Property

Parking

Total spaces: 30

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1

Lot

Size: 1.73 Acres

Details

Has additional parcels: Yes
Parcel number: 4226106942495
Zoning description: R-2

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame, Wood Siding

Condition

Resale
New construction: No
Year built: 1980

Utilities & green energy

Electric: None
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: Lot 1-26

Location

Region: Hobbs

Financial & listing details

Annual tax amount: $1,224
Date on market: 11/28/2022
Cumulative days on market: 135 days
Listing terms: Cash,Conventional
Tenant pays: Other, See Remarks

Price history

Date	Event	Price
8/12/2023	Sold	--
Source: SWMLS #1026332 Report a problem
6/27/2023	Pending sale	$750,000$41/sqft
Source: SWMLS #1026332 Report a problem
4/7/2023	Price change	$750,000+6.4%$41/sqft
Source: SWMLS #1026332 Report a problem
1/20/2023	Pending sale	$704,572$39/sqft
Source: SWMLS #1026332 Report a problem
11/28/2022	Listed for sale	$704,572$39/sqft
Source: SWMLS #1026332 Report a problem