Published on: Monday, November 18, 2024
Updated on: Monday, November 18, 2024
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About the Lister
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Name: Milburn Stevens
Company: Calvary Realty
Office Phone: (760) 641-0511
Cell Phone: (760) 641-0511
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  Magdalena Storage
Magdalena New Mexico , 87825
Magdalena New Mexico , 87825Calvary Realty
Listing ID: CL-New Mexico-12802

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 9.36
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-New Mexico-12802
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: 90%
Year Build: 2003
Building Size: 15,542.00 SqFt
Lot Size: N/A
No of Stories: N/A
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
The Calvary Realty National Storage Group is pleased to present this "Creative Financing" opportunity in Magdalena, New Mexico.
Complete Details
Year Build: 2003
Building Size: 15,542
No of Stories: N/A
Total Lot Area: N/A SqFt.
No of Parking: N/A
No of Total Units: 137
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 90%
Full Description
John 14:6 - Jesus said unto him "I am the Way, the Truth, and the Life. No one comes to the Father except through Me". The Calvary Realty National Storage Group is pleased to present this "Creative Financing" opportunity in Magdalena, New Mexico. The site consists of 15,542 enclosed square feet divided into 136 units. The property is 95% occupied and sits on 4 acres of land. This single storage facility was built in 2003 out of steel and metal and is the only option for storage within a 25 mile radius. Owner is willing to structure a deal with creative financing options such as seller carry or lease option. Seller is local and willing to manage property for new ownership.
Additional Properties
Property Highlights
  • 2024 YTD $57,843 (8/2/2024)
  • 2023 Revenue: $88,711
Listing Location
Attached Documents
  • Download | AIR_Confidentiality_Agreement__2022_.pdf ( 135.53KB)
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