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Self Storage Investment Opportunity in Artesia, NM

Artesia, New Mexico (Eddy County)

Services - Storage & Warehousing

Asking Price $579,700 Inventory  
Gross Income $53,686 Real Estate  
Cash Flow Not Disclosed Year Established 1996
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

*Located in a booming oil community *Located within city limits *Vacancy upside for new energized owner *Excess land for purchase & expansion *Owner retiring and is motivated to sell *Priced at near construction replacement value Texas Street Storage consists of three distinct site locations that are in the City of Artesia, which is in Southeastern New Mexico. All three locations are in residential/commercial areas of the city but are within close proximity for management purposes. The area s primary economic drivers are oil exploration, ranching and farming, government (National Homeland Security Training Facility) and services. Texas Street Storage was built in 1996 and consists of 98 units in 4 metal buildings. There is a part-time manager in place at this time.

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Business For Sale By

David R. Laney

505-286-2060

Argus Self Storage Sales Network

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