Great investment opportunity at the Arbors in Hobbs! This fourplex has two two bedroom units with a one car garage and two three-bedroom units with a two-car garage! All units are currently occupied with great long term tenants. All units have recently been updated! This is a hard to find investment property in Hobbs with a 12% cap rate!
Sold
Price Unknown
2106 E Arbors Ave, Hobbs, NM 88240
--beds
--baths
--sqft
Single Family Residence
Built in 2010
-- sqft lot
$573,000 Zestimate®
$--/sqft
$2,626 Estimated rent
Home value
$573,000
Estimated sales range
Not available
$2,626/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Colton Gainer 575-631-8354,
United Realty, LLC - Hobbs
Bought with:
Rodney L Davis, 20741
United Realty, LLC - Hobbs
Source: New Mexico MLS,MLS#: 20253102
Facts & features
Interior
Features
- Flooring: Vinyl
- Has fireplace: No
Property
Features
- Stories: 1
Lot
- Topography: Irregular Lot
Details
- Parcel number: 4 980 104 154 851
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Roof: Tile
Condition
- Year built: 2010
Community & HOA
Community
- Security: Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Hobbs
Financial & listing details
- Annual tax amount: $3,776
- Date on market: 5/23/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
- Inclusions: Dishwasher, Disposal, Free-Standing Range, Gas Water Heater, Refrigerator, Tankless Water Heater, Washer
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2025 | Sold | -- |
Source:  New Mexico MLS #20253102 Report a problem | ||
| 1/14/2021 | Sold | -- |
Source: New Mexico MLS #20205596 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 88240
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Nearby schools
GreatSchools rating
- 6/10Coronado Elementary SchoolGrades: K-5Distance: 0.5 mi
- 4/10Highland Junior High SchoolGrades: 6-8Distance: 0.6 mi
- NAHobbs Freshman High SchoolGrades: 9-10Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: None/Other
- Middle: None/Other
- High: None/Other
Source: New Mexico MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$573,000
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+$11,460
With Zillow Showcase(estimated)
$584,460
- New Mexico
- Lea County
- Hobbs
- 88240
- 2106 E Arbors Ave
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