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Self-Storage Facility

Self Storage of New Mexico - N Prince St

5126 N Prince St, Clovis, NM 88101

Listing Price: $1,650,000

Cap Rate
2.27%
Number of Units
151
Occupancy
68.0%
Gross SF
32,820
Rentable SF
32,820
Price/Rentable SF
$50.27
Year Built
2001

Investment Overview

Marcus & Millichap is pleased to offer for sale Self Storage of New Mexico Two Property Portfolio located in Clovis, New Mexico. This portfolio combines to feature 261 non-climate-controlled units, 32 fully enclosed RV/boat units, and two offices totaling 53,880 net rentable square feet. This portfolio benefits from excellent street frontage and a growing surrounding population. Self Storage of New Mexico Two Property Portfolio combines to sit on 3.23 acres of land and are separated by about four miles.

Investment Highlights

  • Clovis, New Mexico Two Property Self-Storage Portfolio
  • Combined 53,880 Net Rentable Square Feet; 261 Non-Climate-Controlled Units, 32 Fully Enclosed RV and Boat Units, and Two Offices
  • Office at the 7th Street Location has Two Restrooms, Attached Two Bay Garage and Fully Fenced Parking/Storage Lot
  • Owner Recently Completed an Expansion at the 7th Street Location Adding 7,600 Square Feet
  • Recent Capital Expenditure Work Includes: New Asphalt Paving, Lighting, Security Cameras, Gate Operator, Keypads, and Paint

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s) NM: 20675

    New Mexico

Financing By

Self-Storage Facility

Self Storage of New Mexico - N Prince St

Listing Price: $1,650,000

Cap Rate
2.27%
Number of Units
151
Occupancy
68.0%
Gross SF
32,820
Rentable SF
32,820
Price/Rentable SF
$50.27
Year Built
2001

Investment Highlights

  • Clovis, New Mexico Two Property Self-Storage Portfolio
  • Combined 53,880 Net Rentable Square Feet; 261 Non-Climate-Controlled Units, 32 Fully Enclosed RV and Boat Units, and Two Offices
  • Office at the 7th Street Location has Two Restrooms, Attached Two Bay Garage and Fully Fenced Parking/Storage Lot
  • Owner Recently Completed an Expansion at the 7th Street Location Adding 7,600 Square Feet
  • Recent Capital Expenditure Work Includes: New Asphalt Paving, Lighting, Security Cameras, Gate Operator, Keypads, and Paint

Investment Overview

Marcus & Millichap is pleased to offer for sale Self Storage of New Mexico Two Property Portfolio located in Clovis, New Mexico. This portfolio combines to feature 261 non-climate-controlled units, 32 fully enclosed RV/boat units, and two offices totaling 53,880 net rentable square feet. This portfolio benefits from excellent street frontage and a growing surrounding population. Self Storage of New Mexico Two Property Portfolio combines to sit on 3.23 acres of land and are separated by about four miles.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s): NM: 20675

    New Mexico

Financing By

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