1304 S 1st St - Service Station FOR SALE


Artesia, NM 88210
$695,000 USD
575-420-6300
1304 S 1st St, Artesia, NM for Sale
$695,000 USD
Service Station - FOR SALE
1/3
null | Request Cap Rate

1304 S 1st St
Artesia, NM 88210


OVERVIEW

40 Storage Units. This facility was a sideline business to the owner and as such he intentionally kept the rates very low and the units have always had nearly a 100% occupancy rate with very little turnover. This is a great opportunity for a new investor to raise rates to a more competitive structure. The units have always been very well maintained. Actual build date is unknown.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$134 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hermosa Storage Units

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

35,030 SF

ZONING

C

APN/PARCEL ID

4-152-100-509-013

ASK ABOUT THIS PROPERTY

Bill DavisBerkshire Hathaway Enchanted Lands RealtorsMore Info
575-420-6300

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Bill DavisBerkshire Hathaway Enchanted Lands RealtorsMore Info
575-420-6300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.