Dan Rama and Suraj Rama of NewGen Advisory present for sale the Shale Lodge Hobbs – Hobbs, NM. This is a unique opportunity to acquire a stabilized workforce housing asset that is perfectly positioned for the energy expansion currently underway in the Permian Basin. Shale Lodge is benefits greatly from consistent demand from oilfield contractors, service companies, and transient labor.

Onsite amenities include meal service, guest laundry service, and a fitness center. The property includes plenty of room for expansion to keep up with growing demand for workforce housing. This is a great opportunity for investors to acquire a turnkey asset in a strong performing market.

Hobbs sits in southeastern New Mexico right near the Texas border and is part of the Permian Basin oil region. As the principal city of the surrounding area, it is a critical connection point for major production zones. The economy is anchored in oil and natural gas and benefits from other growing sectors like healthcare and construction. The economic environment in Hobbs is touted as pro-business and collaborative, especially for energy sector support services. Several major players in the region have recently invested in expanding their operations in the area.