Property Listing No Longer Available for Sale

325 W. 18th Street, Portales, NM

Industrial for Sale - $5,500,000 - 129,880 Sq. Ft. on 10 acres


Property Info

CIMLS#930617
Location
  325 W. 18th Street
  Portales NM 88130
UpdatedDecember 29th, 2017
TypeIndustrial
Price$5,500,000
Building129,880 Sq. Ft.
Land10 acres

Property Description

Southside Storage is the a 789 unit facility located in Portales, New Mexico. The business has stabilized with 92.1% economic occupancy this after a planned expansion in 2015. Southside Storage has grown over the years with successive expansions is now the leader in the market for secure and climate control storage. This property is situated on a total of 10 commercial zoned acres so there is additional land for growth.

Location Description:

Southside Storage is located in the southeastern New Mexico city of Portales. Portales is the other city in the Clovis-Portales MSA with a population of 70,000. Southside Storage is located on the south part of town

Highlights:

>> Class A facility

>> 92.1% (Economic Occupancy) After Expansion In 2015

>> Concrete Driveways

>> Enclosed RV/Boat Storage

* Email for additional photos


Financials

Sales Info:

>> Commision split: 2.0%