200 S Linam St - Assisted Livings FOR SALE


Hobbs, NM 88240
$1,200,000 USD
575-420-6300
200 S Linam St, Hobbs, NM for Sale
$1,200,000 USD
Assisted Livings - FOR SALE
1/4
null | Request Cap Rate

200 S Linam St
Hobbs, NM 88240


HIGHLIGHTS

  • Four-story building situated on 1.78 acres in downtown Hobbs with strong visibility.
  • Surrounded by city streets on three sides, offering multiple points of access.
  • Located within walking distance of retail, dining, and municipal amenities.
  • Zoning supports a range of uses including healthcare, office, and service-oriented operations.
  • Offered “as is,” presenting a significant value-add opportunity for redevelopment.

OVERVIEW

This Prime Location building in downtown Hobbs, NM is being sold "as is" The building will require extensive renovation. The property location has excellent visibility and easy access with city streets on 3 sides. The downtown location offers many amenities including shopping, dinning, and major thoroughfares nearby. This is a versatile property with outstanding potential for investment, office, healthcare, or service-oriented use in a high-traffic area.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$23 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.78 AC

LAND SF

77,434 SF

ZONING

Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Bill DavisBerkshire Hathaway Enchanted Lands RealtorsMore Info
575-420-6300

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Bill DavisBerkshire Hathaway Enchanted Lands RealtorsMore Info
575-420-6300

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