For Sale
$275,000

2101 Bensing Dr Hobbs, NM 88240

3-Acre Assisted Living Conversion Opportunity

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 3-acre property located at 2101 N Bensing Drive, Hobbs, NM 88240, presents a unique investment opportunity. The existing building, previously utilized as an assisted living facility, boasts 28 rooms and offers significant potential for redevelopment. Situated in Lea County, this special purpose property is priced at $275,000 and presents a compelling case for various commercial ventures. The spacious layout and existing infrastructure provide a solid foundation for a range of uses, including, but not limited to, a renovated assisted living facility, an apartment complex, or a similar business enterprise. The property's substantial size and versatile design allow for considerable flexibility in adapting it to meet the needs of a diverse range of commercial applications. The property's location in Hobbs, New Mexico, offers access to a thriving local market and provides ample opportunities for growth and expansion. Furthermore, owner financing is available, making this an even more attractive proposition for prospective buyers. This is a rare chance to acquire a substantial property with significant upside potential in a desirable location. The latitude and longitude coordinates are 32.723245, -103.1800622 respectively. Serious inquiries are encouraged.

Highlights

  • Exceptional 3-acre property in Hobbs, NM, priced at $275,000.
  • 28-room building, previously an assisted living facility, offers redevelopment potential.
  • Located in Lea County, NM, with owner financing available.
  • Suitable for various commercial uses, including apartments or a renovated assisted living facility.
  • Prime location in Hobbs, NM, offering strong growth potential.

Property Details for 2101 Bensing Dr

Property type
Specialty properties

Location Insight

City
Hobbs
County
Lea
State
New Mexico
Latitude
32.723245
Longitude
-103.1800622

FAQs

What type of property is this?
Specialty property - 3-Acre Assisted Living Conversion Opportunity
Where is the specialty property located?
The property is located at 2101 Bensing Dr Hobbs, NM.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Exceptional 3-acre property in Hobbs, NM, priced at $275,000.; 28-room building, previously an assisted living facility, offers redevelopment potential.; Located in Lea County, NM, with owner financing available.
How can I contact the broker?
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2101 Bensing Dr
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