Self Storage for sale, Moriarty, NM
Self Storage | 7.08% CAP | 153 Units
Marketing description
Opportunity to acquire an existing self-storage asset on high-visibility US-66 corridor near I-40 access. The site is well suited for drive-up units, climate-controlled building(s), and ancillary RV/boat parking. Strong demand drivers include regional renters and Albuquerque-area commuters, with limited local availability of area self-storage units.
Property Overview
• Site area: Moriarty and surrounding east mountain areas
• Existing improvements: 7 buildings, 153-unit count, rentable 24,430 sq ft, effective
age 15 years (blended), construction type – concrete slab, metal buildings, pitched
metal roofing and metal overhead doors, asphalt circulation areas, Chain link
fencing electric gate entrance.
• Utilities: well, septic, propane, public provider for electric on site and garbage
collection
• Zoning: C-2 Heavy Commercial Use: self-storage.
Call Jim Schneider 505-379-7824
Investment highlights
- Status: Operating profitable investment
- More financial information with NDA
- Highway frontage and easy ingress/egress for customers.
- Flexible unit mix potential.
- Low operating labor intensity and stable cash flow profile typical of self-storage.
- Upside: lease-up of vacant units, conversion to climate-controlled, ancillary revenue from retail sales and insurance.
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