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Self-Storage Facility

Self Storage of New Mexico - W 7th St

3400 W 7th St, Clovis, NM 88101

Listing Price: $900,000

Cap Rate
6.90%
Number of Units
143
Occupancy
68.0%
Gross SF
21,060
Rentable SF
21,060
Price/Rentable SF
$42.74
Year Built
1987

Investment Overview

Marcus & Millichap is pleased to offer for sale the Self Storage of New Mexico Two Property Portfolio located in Clovis, New Mexico. This portfolio combines to feature 262 non-climate-controlled units, 29 fully enclosed RV/boat units, and one office 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 3.24 acres of land and are separated by about four miles.

Investment Highlights

  • New Mexico Two Property Portfolio with Upside
  • Two Facilities About Eight Miles Apart Located in the Military City of Clovis
  • 53,880 Total Net Rentable Square Feet
  • 262 Non-Climate-Controlled Units, 29 Enclosed Boat and RV Parking Spaces, and One Leasable Office Building
  • Seller has Made Several Recent Capital Improvements at Both Locations

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 - W 7th St

Listing Price: $900,000

Cap Rate
6.90%
Number of Units
143
Occupancy
68.0%
Gross SF
21,060
Rentable SF
21,060
Price/Rentable SF
$42.74
Year Built
1987

Investment Highlights

  • New Mexico Two Property Portfolio with Upside
  • Two Facilities About Eight Miles Apart Located in the Military City of Clovis
  • 53,880 Total Net Rentable Square Feet
  • 262 Non-Climate-Controlled Units, 29 Enclosed Boat and RV Parking Spaces, and One Leasable Office Building
  • Seller has Made Several Recent Capital Improvements at Both Locations

Investment Overview

Marcus & Millichap is pleased to offer for sale the Self Storage of New Mexico Two Property Portfolio located in Clovis, New Mexico. This portfolio combines to feature 262 non-climate-controlled units, 29 fully enclosed RV/boat units, and one office 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 3.24 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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