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Self-Storage Facility

Advantage Storage (Managed) Four Property Portfolio - NM Sites

1015 S 17th St, Lovington, NM 88260

Listing Price: $35,900,000

Cap Rate
4.24%
Number of Units
1,727
Occupancy
80.0%
Gross SF
315,200
Rentable SF
315,200
Price/Rentable SF
$113.90
Year Built
2016

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Advantage Storage Four Property Portfolio located in Texas and New Mexico. These are all Class A self-storage facilities that have 315,200 combined net rentable square feet. There are 1,727 total units that are a mix of climate-controlled, non-climate-controlled, warehouses, and enclosed parking. There is room for expansion at both New Mexico locations.

Investment Highlights

  • Texas and New Mexico Four Property Portfolio
  • Class A Self Storage Facilities
  • Combined 315,200 Net Rentable Square Feet
  • Mix of Climate-Controlled Units, Non-Climate-Controlled Units, Warehouses, and Enclosed Parking
  • Room for Expansion at Both New Mexico 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

Advantage Storage (Managed) Four Property Portfolio - NM Sites

Listing Price: $35,900,000

Cap Rate
4.24%
Number of Units
1,727
Occupancy
80.0%
Gross SF
315,200
Rentable SF
315,200
Price/Rentable SF
$113.90
Year Built
2016

Investment Highlights

  • Texas and New Mexico Four Property Portfolio
  • Class A Self Storage Facilities
  • Combined 315,200 Net Rentable Square Feet
  • Mix of Climate-Controlled Units, Non-Climate-Controlled Units, Warehouses, and Enclosed Parking
  • Room for Expansion at Both New Mexico Locations

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Advantage Storage Four Property Portfolio located in Texas and New Mexico. These are all Class A self-storage facilities that have 315,200 combined net rentable square feet. There are 1,727 total units that are a mix of climate-controlled, non-climate-controlled, warehouses, and enclosed parking. There is room for expansion at both New Mexico 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

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