Self-Storage Portfolio with Drive-Up
For Sale
Contact for pricing
4615 National Park Highway, Carlsbad, NM 88220
Gated keypad entry, surveillance, and security lighting support access across the facilities.
Property Size120,977 SF
Price / SF$84.73
Days on Market9
Property Features for 4615 National Park Highway
General Information
Standard status
Active
Size
120,977 SF
Property subtype
Self Storage
Additional Details
Self-Storage Units
801
Amenities
gated keypad access
security lighting
video surveillance
interior dust control storage
drive-up units
outdoor parking
Building Details
Construction
metal
Listing Agency:
Marcus & Millichap - Denver
Listed By:
Adam Schlosser · License #CO
(303) 320-1300
Source:
Crexi
Added: Sep 18
Changed: Sep 24
Last Checked: Sep 24 at 2:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Denver
Investment Insights
Based on property information with market context.
This New Mexico self-storage portfolio comprises three facilities in Carlsbad, Eunice, and Artesia. The Carlsbad property contains 551 units and 83,327 NRSF; Eunice has 150 units and 21,400 NRSF; and Artesia includes 100 units and 16,250 NRSF. Metal construction, roll-up doors, drive-up units, interior dust-control storage, and outdoor parking serve a range of storage configurations. Gated keypad access, security lighting, and video surveillance are also in place.
The assets may be acquired individually or together. Physical occupancy ranges from 71% to 84% across the properties. The portfolio has an in-place cap rate above 6.25%, with a stated stabilized cap rate of 7.65% and leveraged IRR exceeding 23%.
The assets may be acquired individually or together. Physical occupancy ranges from 71% to 84% across the properties. The portfolio has an in-place cap rate above 6.25%, with a stated stabilized cap rate of 7.65% and leveraged IRR exceeding 23%.
Key Highlights
- Carlsbad facility: 551 units and 83,327 NRSF
- Eunice facility: 150 units and 21,400 NRSF
- Artesia facility: 100 units and 16,250 NRSF
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
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Business Placement
Demographics for 88220, NM
40,762
Population
17,692
Households
2.3
Avg Household Size
36
Median Age
20%
College-Educated
84%
High-School Grad
1,907.6 sq mi
ZIP Area
21
Density / Sq Mi
$79,668
Median Household Income
$45,302
Median Earnings
$1,218
Median Rent
$192,600
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Self storage facility - Gated keypad entry, surveillance, and security lighting support access across the facilities.
Where is this self storage facility located?
The property is located at 4615 National Park Highway Carlsbad, NM.
What is the asking price?
The asking price for this property is $10,250,000.
What are key features of this property?
This property features: Carlsbad facility: 551 units and 83,327 NRSF; Eunice facility: 150 units and 21,400 NRSF; Artesia facility: 100 units and 16,250 NRSF
