Active For Sale Investment

Valencia Storage & MHP

3149 NM-47, Los Lunas, NM, 87031

ID 5c02d1b9

Overview

Valencia Storage & MHP is a well-maintained mixed-use asset located along Highway 47 in Los Lunas, positioned between Los Lunas and Tome. The property is poised to benefit from the Rio Grande river crossing currently under construction, approximately one mile north, enhancing future access and growth. The site includes 198 self-storage units ranging from 5’x8’ to 20’x50’, two open parking spaces, and 17 large mobile home lots. The mobile home lots are fully occupied, while the storage component is approximately 68% occupied, offering lease-up potential without additional capital expenditure. The property is fully fenced with controlled access, multiple security cameras, and an on-site manager. A stable asset with in-place income and clear upside in a growing corridor.

Additional Information

City
Los Lunas
State
NM
Zip Code
87031
Primary Uses
Investment
Zoning
C-1
Zoning Description
Neighborhood Commercial
Building Name
Valencia Storage & MHP
Building Class
B
Floors
1
Gross Income
$313,002
NOI
$212,500
Pro Forma NOI
$246,134
Total Expenses
$100,347