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200 S Linam St 52,463 SF Health Care Building Offered at $1,200,000 in Hobbs, NM 88240
Investment Highlights
- Four-story building situated on 1.78 acres in downtown Hobbs with strong visibility.
- Located within walking distance of retail, dining, and municipal amenities.
- Offered “as is,” presenting a significant value-add opportunity for redevelopment.
- Surrounded by city streets on three sides, offering multiple points of access.
- Zoning supports a range of uses including healthcare, office, and service-oriented operations.
Executive Summary
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.
Property Facts
| Price | $1,200,000 | Building Class | C |
| Price Per Bed | $19,048 | Lot Size | 1.78 AC |
| Sale Type | Investment or Owner User | Building Size | 52,463 SF |
| Sale Condition | Redevelopment Project | No. Beds | 63 |
| Property Type | Health Care | No. Stories | 4 |
| Property Subtype | Assisted Living | Year Built | 1965 |
| Zoning | Commercial | ||
| Price | $1,200,000 |
| Price Per Bed | $19,048 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | C |
| Lot Size | 1.78 AC |
| Building Size | 52,463 SF |
| No. Beds | 63 |
| No. Stories | 4 |
| Year Built | 1965 |
| Zoning | Commercial |
1 1
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
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200 S Linam St
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