Creative Financing
Magdalena Storage
Magdalena, NM
Executive Summary
Summary
- Cash Price $645,000
- Cap Rate 9.58%
- Cash on Cash Return 12.83%
- Enclosed Square Feet 15,574
- Price Per Square Foot $41.50
- Year Built 2003
- Acreage 4
- Occupancy 93%
- 2022 Revenue $85,563
- Number of Units 137
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 93% 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.
Team
Milburn Stevens
Brandon Robinson
Director of National Investments
Calvary Realty
CA License# 01787727
(909) 380-0073
Ingla Robinson
Kristen Zimmerman
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