Fred B. Gibson, Realtor

Property Profile

Coronado Self Storage

Rentable Square Feet:

Camino Del Pueblo
     Storage - 6,900 sf
     Office Building - 2,714 sf
S. Hill Rd.
     Storage - 31,900 sf
     Warehouse - 1,063 sf
     Office - 1,462 sf

Total Square Feet:

44,982 (approx.)

Total Land Area:

Camino Del Pueblo - 45,782 (approx.) sf or 1.9510 acres (approx.)
S. Hill Rd. - 130,244 sf or 2.99 acres

Land for Expansion:

None

Zoning:

C1 - Camino Del Pueblo
M1 - S. Hill Rd.

Total Units:

324 Total (49 at Camino Del Pueblo, 275 at S. Hill Rd.)

Occupancy:

84.5% -Economic, 92.9% Unit, 92.3% Square Foot

Year of Facility Opening:

Camino Del Pueblo - 1995
S. Hill Rd. - 1996 & 1998-1999

Number of Buildings:

3 - Camino Del Pueblo
9 - S. Hill Rd.

Exterior Construction:

Steel

Interior Construction:

Steel

Foundation:

Concrete slab

Roof:

Steel

Doors:

Steel rollup (Roll-Lite-Camino Del Pueblo, DBCI-S. Hill Rd.)

Paving:

Asphalt

Accounting System:

Taskmaster

Fencing:

8' Chain link

Gate:

Chain link swing gate

Traffic Exposure:

Camino Del Pueblo is located on one of the main streets in Bernalillo. Storage facility and office building are highly visible.

The S. Hill Rd. facility has high visibility from Interstate 25, also excellent signage.

Manager's Apartment:

2 bedroom, approx. 850 sq. ft. above office

Office:

Approx. 100 sq. ft.

Hours of Operation:

Dawn to dusk

Price:

$1,400,000

Net Operating Income:

$144,434

Proposed Cap Rate:

9.6%

Comments:

First-rate facilities in a fast growing area. Intel expansion has pushed area growth into the Bernalillo area. At the northern boundary, Santa Ana Pueblo has just opened a world-class destination resort to complement their gaming/golf course/hotel development. This investment offers a balanced blend of storage/office. Professionally developed and managed, it has a solid track record of performance.

Site location map

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All Contents Copyright ©1999 Fred B. Gibson, Realtor®