Listing Agency: Matthews

Listed By: Ben Tracy · License #SA695918000

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 6:52PM

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Investment Insights

Based on property information with market context.

This self-storage portfolio comprises 433 units at 621 Wright Ave in Alamogordo, New Mexico. The offering carries an 8.36% cap rate and is configured around self-storage operations.

Key Highlights

• 433‑unit self‑storage portfolio
• 8.36% cap rate
• 621 Wright Ave, Alamogordo, NM 88310

Property Analytics

Property Profile

Current Use

GCW RV & Self ... Storage Facility

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Law Firm Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

24

Businesses Nearby

Explore this area Business Placement

Demographics for 88310, NM

35,935

Population

18,112

Households

2

Avg Household Size

40

Median Age

25%

College-Educated

92%

High-School Grad

618.9 sq mi

ZIP Area

58

Density / Sq Mi

$53,833

Median Household Income

$35,616

Median Earnings

$877

Median Rent

$164,300

Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this self storage facilities located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Self storage facility - Multi-unit self-storage property with a substantial rentable unit base.

Where is this self storage facility located?

The property is located at 621 Wright Ave Alamogordo, NM.

What are key features of this property?

This property features: 433‑unit self‑storage portfolio; 8.36% cap rate; 621 Wright Ave, Alamogordo, NM 88310