615 Coors Blvd NW, Albuquerque, NM 87121

North Coors Self Storage Has Tremendous Upside Potential for Investors. Seller Currently Has Low Market Rents, No Application Fees, No Retail Sales and No Insurance Income. This Property Has Consistently Averaged Between 94-100% Occupied for the Last 10 Years With Waiting Lists of Potential Renters. The Seller Has Steadily Constructed Additional Units as Needed Over the Years. The Current Cap Rate for the Offering is 7.00% Based on 2024 Financials. Seller to Provide Upon Signing of Confidentiality Agreement. Seller is Retiring and is Flexible on Pricing but Knows

Prime Location With High Visibility: Situated on the Highly Trafficked Coors Blvd., This 4.55 Acre Self Storage Property Boasts Lit Monument Signage That Catches the Eyes of Approximately 50,000 Passing Vehicles Daily (bidirectionally). With a Mix of Residential, Commercial, and Retail Establishments in the Area, This Property Offers Unbeatable Exposure and Accessibility for Potential Customers.

Future Growth Potential: the Area's Development is on the Rise, With Plans for a 208-unit Multi-family Project Just a Quarter Mile South of the Site, Set to Break Ground in Fall of 2024. This Upcoming Development Further Solidifies the Potential for Increased Demand and Profitability for This Self Storage Property.

Limited Competition: Within a One-mile Radius, There is Only One Self Storage Competitor, Extra Space, Which is Located on Airport Rd. And Offers an Inferior Location Compared to This Property. Additionally, There Are Three More Competitors Within a Three-mile Radius, Highlighting the Scarcity of Self Storage Options in the Immediate Vicinity and the Opportunity for This Property to Capture a Significant Market Share. Invest in This Self Storage Property at 615 Coors Blvd. Nw and Seize the Opportunity to Capitalize on Its Prime Location, Thriving Rental Market, Future Growth Potential, and Limited Competition. Don't Miss Out on the Chance to Maximize Your Roi in This Lucrative Investment.