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26372980
27322478

722 N Marland Blvd, Hobbs, NM 88240

JD
AZ SA675144000
NewGen Advisory Phoenix
RB
AZ, AZ SA661940000
NewGen Advisory
DR
CO 100082810, AZ BR515223000
NewGen Advisory
Listed by NewGen Advisory Phoenix, NewGen Advisory
Unpriced
298 days on market
Updated 20 days ago

Hobbs Inn/Hotel Simply Stay - Hobbs, NM

Details
Property Type Hospitality
Sub Type Hotel
Square Footage 24,781
Keys 62
Year Built 1983
Year Renovated 2024
Stories 3
Acreage 4.430

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

JD
AZ SA675144000
NewGen Advisory Phoenix
RB
AZ, AZ SA661940000
NewGen Advisory
DR
CO 100082810, AZ BR515223000
NewGen Advisory
Listed by NewGen Advisory Phoenix, NewGen Advisory

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