Valencia Storage and MHP
Self Storage | 7.09% CAP | 198 Units
Marketing description
Valencia Storage & MHP is a well-maintained mixed-use asset located along Highway 47 in Los Lunas, positioned between Los Lunas and Tome. The property is poised to benefit from the Rio Grande river crossing currently under construction, approximately one mile north, enhancing future access and growth.
The site includes 198 self-storage units ranging from 5'x8' to 20'x50', two open parking spaces, and 17 large mobile home lots. The mobile home lots are fully occupied, while the storage component is approximately 68% occupied, offering lease-up potential.
The property is fully fenced with controlled access, multiple security cameras, and an on-site manager. It is served by a private water system that is regularly tested to meet New Mexico health standards.
A stable asset with in-place income and clear upside with an aggressive lease up program in a growing corridor.
Los Lunas is a friendly, pro-development community located 20 minutes from downtown Albuquerque, 15 minutes from the International Sunport and easily accessed off the major I-25 interstate that runs north and south through the state of New Mexico.
Over the past 40 years, Los Lunas has had a population increase of over a thousand percent making us one of the fastest growing communities in New Mexico with 17,000 strong. This is no doubt due to our ease of doing business where not only do we offer competitive incentives but we proudly boast a fast, 2-4-week maximum approval process for commercial and residential plans as well as building permits. Just ask Meta (Facebook), Niagara Bottling, Wall Colmonoy, Fresenius Kidney Manufacturing, Accurate Machine & Tool or any of our other economic-base companies and national retailers. We might look like a small community but with over 2,000 acres of available commercial land across three business parks with direct access to two major interstates, there are big possibilities to be had here.
(Information from Albuquerque Regional Economic Alliance.)
Investment highlights
- 198 Units (5'x8' to 20'x50')
- Self-Storage Occupancy: 68%
- 17 Large Lots
- Lots Occupancy: 100%
- Additional Income: 2 open parking spaces
- Access & Security: Recently updated; Fully fenced (6' steel picket), gated entry (keypad/card), surveillance cameras, on-site manager
- Exposure: Approx. 9,800 vehicles per day (2024) with strong visibility along Highway 47
- Growth Upside: Lease-up potential on storage units and proximity to planned river crossing and I-25 access (±1 mile north)
- Utilities: Private water system, regularly tested to meet NM health standards
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