Hobbs Inn/Hotel Simply Stay - Hobbs, NM
Hospitality | 62 Keys
Marketing description
Jigar “Jay” Desai and Ryan Bodine of NewGen Advisory are proud to present for sale the Hobbs Inn/Hotel Simply Stay - Hobbs, NM. Positioned in the heart of New Mexico’s oil and gas region, this fully remodeled, 62-room interior corridor hotel offers approximately 24,781 square feet of turnkey space on the high-visibility Marland Blvd. With $2.6M in recent renovations, the property blends modern accommodations with strategic proximity to schools, shopping centers, and medical facilities—making it ideal for travelers, long-term guests, or brand conversion opportunities.
The Hobbs Inn/Hotel Simply Stay - Hobbs is absentee-managed by out-of-state owners, presenting operational upside for hands-on investors. Hobbs’ steady economic growth and demand for hospitality and residential space offer strong long-term appreciation and revenue potential. Flexible investment terms, including seller financing and lease-to-purchase options, are available, and ownership is eager to entertain all serious offers.
Investment highlights
Motivated seller - bring all offers
Seller financing and lease to purchase options available
Suited for several franchise flags
Absentee managed from out of state owners
$2.6M in renovations completed in 2024
Significant upside for owner/operators
Opportunity to reposition property to address housing shortage
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?














