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Los Lunas, NM 87031

$1,049,000 USD

Self Storage For Sale  •  9,900 SF

Property Details

  • Property Type Self Storage
  • Total Building Size 9,900 SF
  • Lot Size 2.69 AC
  • Year Built 2004
0 Transit Score
20 Walk Score

Description

Well-positioned self-storage investment opportunity featuring a stabilized operational history, strong historical occupancy, low management intensity, and future expansion potential on a large land parcel. The offering includes both the operating business and underlying real estate, creating a compelling opportunity for owner/operators, storage investors, and buyers seeking durable recurring cash flow with upside potential. 

The facility consists of approximately 9,900 rentable square feet across multiple storage buildings with a diversified unit mix, drive-up access, automated gate entry, perimeter security systems, and outdoor parking components. The property was originally constructed in the mid-2000s and benefits from a relatively modern layout and efficient operational design. 

Current ownership has maintained a highly occupied operation with historically strong tenant retention and predictable monthly recurring income. The property has historically operated in the mid-90% occupancy range and appears positioned for continued operational stability. Several unit categories are believed to remain below estimated market rental rates, presenting additional revenue growth opportunities for a future owner.  

The site also offers a rare value-add component through excess land area that may support future expansion of additional storage inventory, expanded RV/outdoor parking, or alternative storage-related improvements, subject to buyer investigation and municipal approvals. Existing infrastructure and layout create a potentially attractive path for phased future growth. 

Operationally, the asset benefits from:
• Automated gate access
• Remote management capability
• Low payroll requirements
• Minimal utility expenses
• Online payment systems
• Strong recurring revenue characteristics
• Simple operational model
• Limited day-to-day management burden 

This opportunity may appeal to:
• Existing storage operators seeking geographic expansion
• Buyers completing a 1031 exchange
• Investors seeking inflation-resistant recurring income
• Owner/operators seeking scalable upside
• Buyers targeting low-management commercial assets
• Groups seeking future expansion and NOI growth opportunities

Additional operational materials, financial documentation, rent roll information, occupancy reporting, survey materials, and due diligence items are available to qualified buyers following execution of an NDA and proof of funds or lender prequalification. Serious buyers are encouraged to review the opportunity promptly and submit an LOI for consideration.

Highlights

78-unit self storage facility with strong historical occupancy and recurring monthly cash flow.
Large parcel with potential expansion upside for additional units and RV/outdoor storage.
Automated gate access and remote management capability support low management intensity.
Business and real estate included in sale with stabilized operational history.
Multiple unit sizes with several rents believed below estimated market rates.
Turnkey storage investment with strong tenant base and scalable future upside.

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Albuquerque International Sunport 45 min - 22.0 mi
BJ Delhamer 760-593-7653 Insite Commercial Real Estate Advisors
BJ Delhamer 760-593-7653 Insite Commercial Real Estate Advisors