$560,000
SOLD AUG 20, 2025
Last list price

2106-2118 E Arbors Ave Annex Hobbs, NM 88240

-- Bed
-- Bath
-- Sq Ft
2010 Built

Recently Sold

Highlights

  • No HOA
  • Garage
  • 1-Story Property
  • Central Air
  • Vinyl Flooring

About This Home

As of August 2025

Great investment opportunity at the Arbors in Hobbs! This fourplex has two two bedroom units with a one car garage and two three-bedroom units with a two-car garage! All units are currently occupied with great long term tenants. All units have recently been updated! This is a hard to find investment property in Hobbs with a 12% cap rate!

Last Agent to Sell the Property

COLTON GAINER

UNITED REALTY, LLC - HOBBS Listed on: 05/23/2025

Last Buyer's Agent

Rodney Davis

UNITED REALTY, LLC - HOBBS License #48560

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,776

Year Built

  • Built in 2010

Lot Details

  • Irregular Lot

Parking

  • Garage

Home Design

  • Shingle Roof
  • Tile Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Vinyl Flooring
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Disposal

Utilities

  • Central Air
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Total Actual Rent $74,400
  • Assessor Parcel Number 4 980 104 154 851

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,776

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Year Built: 2010
  • Reso Property Sub Type: Multi Unit 2-4
  • Prop. Type: Residential Income
  • ResoLotFeatures: Irregular Lot
  • ResoSecurityFeatures: Smoke Detector(s)
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Architectural Style: Ranch
  • Reso Flooring: Vinyl
  • Garage Yn: Yes
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Range Hood, Free-Standing Range, Refrigerator, Washer, Gas Water Heater, Tankless Water Heater
  • Stories: 1

Exterior Features

  • Roof: Shingle, Tile
  • Construction Type: Stucco

Utilities

  • Utilities: Garbage
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 4 980 104 154 851

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3776.09

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 74400
  • Building Area Units: Square Feet

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 Sold -- -- --
05/23/2025 05/23/25 Pending -- -- --
05/23/2025 05/23/25 For Sale $560,000 -- --
Source: New Mexico MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    COLTON GAINER

    UNITED REALTY, LLC - HOBBS

    (575) 631-8354

    7 Total Sales

    COLTON GAINER
    Section Image
  • Rodney Davis

    Buyer's Agent in 2025

    Rodney Davis

    UNITED REALTY, LLC - HOBBS

    (575) 942-9170

    370 Total Sales

    Rodney Davis
    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20253102

New Mexico MLS
New Mexico Lea County Hobbs 88240

2106-2118 E Arbors Ave Annex, Hobbs, NM

This home is located at 2106-2118 E Arbors Ave Annex, Hobbs, NM 88240 and is currently priced at $560,000. This property was built in 2010. 2106-2118 E Arbors Ave Annex is a home located in Lea County with nearby schools including Coronado Elementary School, Highland Middle School, and Hobbs Freshman High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Mexico MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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