Matthew Smith

This 12-unit multifamily property located at 212 S Shipp Street in Hobbs, New Mexico offers a fully stabilized investment opportunity with 100% occupancy and consistent in-place income. The property has demonstrated reliable performance with $96,000 in annual rental income and strong tenant demand in the Hobbs market, making it an attractive option for investors seeking immediate cash flow.

Sunrise Apartments | 32-Unit Multifamily Investment | Hobbs, NM Sunrise Apartments is a 32-unit multifamily community located at 1515 E. Scharbauer in Hobbs, New Mexico, with convenient access and visibility near Seminole Highway, one of the area’s primary corridors. The property offers strong in-place income, a desirable unit mix, and consistent rental demand in the Hobbs market. The community

Prime Development Opportunity | 20± Acres with High Capacity Irrigation Well and Water Rights Approximately 20 acres to be sold off a larger farm offering a rare combination of water access and development potential. Property includes a high capacity irrigation well approximately 200 feet deep with water encountered around 130 feet and a reported production of approximately 700 GPM plus 21.595

Dunnam Apartments is a 15-unit multifamily property located in Hobbs, New Mexico, offering strong in-place cash flow with significant value-add potential. The property currently generates approximately $164,250 in annual rental income with an estimated NOI of approximately $138,275, providing an attractive ~11.5% cap rate at the $1.2M asking price. The building contains approximately 21,000

414 E Arco Rd is a 4.34-acre fenced commercial yard located just off Eunice Highway (NM-18) in Hobbs, New Mexico. The property features a caliche pad suitable for trucks, equipment storage, or industrial yard operations. The site offers excellent access to the Hobbs truck bypass and major oilfield corridors, making it well-suited for oilfield service companies, trucking operations, or contractor

Beautiful 4 bedroom, 2 bathroom home with a 2 car garage and open concept layout. The kitchen features granite countertops, stainless steel appliances, and a large island that opens to the living and dining area. Spacious primary suite and well sized additional bedrooms. The backyard offers a covered patio, fire pit area, and plenty of room to enjoy. Great curb appeal and move in ready.