1518 W Calle Sur Street
Hobbs, NM 88240
- 3 beds
- 2 baths
- 3,584 sqft
- 10,585 sqft lot
- $92 per sqft
- 1982 build
- – on site
More homes
Located in Hobbs, NM at 1518 W Calle Sur, this triplex is adjacent to a retail development with a Wal-mart, Lowes, Home Depot and a dozen restaurants as well as being embedded in an area of upscale single family residences.Hobbs as a community has made major investments in expanding their quality of living including the addition of the $62 million, 160,000 square foot community center known as the CORE Center for Recreation excellence.At the ask price of $350,000 and an average rent of $1,033, the measure of investment performance include a GRM of 9.90, a CAP rate of 6.40%, a price per unit of $116,667, a price per square foot of $97.66 and an after tax IRR of 18.10%. Take advantage of the growing boom from Permian Basin oil and the shortage of housing in the Hobbs Area
Last checked:
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Last updated Dec 11, 2024
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MLS# 1002919 —
The Building
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Year Built:1982
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Builder Name:Unknown
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New Construction:false
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Construction Materials:Brick,Frame
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Stories:1
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Stories Total:1
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Levels:One
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Basement:false
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Exterior Features:Landscaping
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Building Area Total:3584.0
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Building Area Source:Appraiser
Interior
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Flooring:SeeRemarks
Room Dimensions
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Living Area:3584.0
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Living Area Source:Appraiser
Location
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Directions:From ABQ - east to Clines Corners, south on 285 to Hobbs
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Latitude:32.743991
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Longitude:-103.155306
The Property
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Parcel Number:4 000 708 650 001
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Property Type:ResidentialIncome
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Property Subtype:Triplex
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Property Subtype Additional:Triplex
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Property Condition:Resale
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Zoning Description:R-2
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Lot Size Acres:0.24
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Lot Dimensions Source:PublicRecords
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Lot Size SqFt:10585.08
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Lot Size Source:PublicRecords
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Additional Parcels:true
Listing Agent
- Contact info:
- Agent phone:
- (505) 440-8633
- Office phone:
- (505) 440-8633
Taxes
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Tax Annual Amount:1465.71
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Tax Legal Description:Lot 7, Block 1, Unit 6, DelNorte Heights
Beds
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Bedrooms Total:3
Baths
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Total Baths:2
Heating & Cooling
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Heating:Central,ForcedAir
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Utilities:ElectricityConnected,NaturalGasConnected,PhoneConnected,SewerConnected,WaterConnected
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Electric:None
Appliances
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Appliances:Refrigerator
The Community
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Subdivision Name:DelNorte Heights
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/14/22
Apr 14, 2022
|
Sold | SWMLS | $331,500 |
