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Property Profile
Coronado Self Storage
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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 |
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Total Square Feet: |
44,982 (approx.) |
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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 |
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Land for Expansion: |
None |
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Zoning: |
C1 - Camino Del Pueblo
M1 - S. Hill Rd. |
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Total Units: |
324 Total (49 at Camino Del Pueblo, 275 at S. Hill Rd.) |
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Occupancy: |
84.5% -Economic, 92.9% Unit, 92.3% Square Foot |
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Year of Facility Opening: |
Camino Del Pueblo - 1995
S. Hill Rd. - 1996 & 1998-1999 |
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Number of Buildings: |
3 - Camino Del Pueblo
9 - S. Hill Rd. |
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Exterior Construction: |
Steel |
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Interior Construction: |
Steel |
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Foundation: |
Concrete slab |
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Roof: |
Steel |
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Doors: |
Steel rollup (Roll-Lite-Camino Del Pueblo, DBCI-S. Hill Rd.) |
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Paving: |
Asphalt |
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Accounting System: |
Taskmaster |
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Fencing: |
8' Chain link |
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Gate: |
Chain link swing gate |
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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. |
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Manager's Apartment: |
2 bedroom, approx. 850 sq. ft. above office |
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Office: |
Approx. 100 sq. ft. |
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Hours of Operation: |
Dawn to dusk |
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Price: |
$1,400,000 |
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Net Operating Income: |
$144,434 |
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Proposed Cap Rate: |
9.6% |
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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. |
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CENTER
All Contents Copyright ©1999
Fred B. Gibson, Realtor®
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