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Broaddus Storage Units, Magdalena, NM 87825

$380,000
Property Type: Commercial Sale Lot Size (sq. ft.): 174,371 Status: Closed
Current Price: $380,000 List Date: 10/15/2019 Last Modified: 6/16/2021

Description

Broaddus Storage Units with 4.003 acres. Located .8 miles south of Magdalena on NM State Highway 107. The units are fenced with chain link fence, posts set in concrete, and razor wire above. 149 Storage Units total. Owner Financing available. Contact Listing Broker for details. Storage units are a great business to own. Low maintenance, low taxes, and low operational costs are what contribute to this great income producing business! This is the only storage unit business in this area. What a great business to own in a beautiful part of New Mexico. You could not build these improvements at this price. MORE:

Supplements: I. There are 4 buildings, A, B, C, & D, with a total of 104 units. These units are constructed of Mueller steel, with 9 side-walls, 12 pitched roof (taller than most, which gives more volume), vented ridge caps, guttering, and roll-up doors, on concrete slabs. Following is inventory of sizes in A, B, C, & D: 10 x 10 29 10 x 15 52 10 x 7 9 10 x 20 5 10 x 22 9 II. There are 2 cargo containers with dividers and Mueller roll-up doors, on railroad tie foundations. Total of 13 units. 2 CARGO Containers: 10 x 8 10 8 x 6 2 8 x 4 1 III. In a separate fenced area, behind a second locked gate, there is one more cargo container configured into smaller units. Total of 19 units. 1 CARGO Container: 2 x 4 - 18 2 x 8 - 1

More Information MLS# 925891

Status Change Info

Pending Date: 2021-05-24 Closing Date: 2021-06-14

Contract Information

Listing Price: 380000 Current Price: $380,000 Status: Closed

Location

Street Name: Broaddus Storage Units County: Socorro City/Town Code: Magdalena State/Province: NM Zip Code: 87825 Directions: From the west side of Magdalena take Highway 107 south for .08 mile. Geo Lat: 34.103397 Geo Lon: -107.258231 Area: 621 - South Socorro Zone Atlas: NOZA

General Property Description

Property Sub-Type: Other Acres: 4 Lot SqFt: 174371 Apx Lot Dim Front: 190 Apx Lot Dim Side: 1000 Lot Size Source: Survey Total # Stories: 1 # Parking Spaces: 50 Docks: No Door Height: 12' Disability Access: No % Occupied: 80 Transaction Type: Sale

Tax & Legal Info

UPC Code: 0120270069 Short Legal Desc: A certain tract of land situate in the SW¼ of the SE¼ of Section 28, Township 2 South, Range 4 West, NMPM, GRT Code: 25-025 Current Taxes: 4345.4 Tax Exemption: No

Income & Expenses

Annual Oper Expenses: 9000 Annual Gross Income: 43908 Lease Term/Months: N/A

Miscellaneous

Land Ownership: Land Owned

Sales Info

Trade/Xch Considered: No

Property Features

Location: Highway Frontage; Rural; Highway Frontage; Rural Construction: Metal Exterior Material: Metal Siding Property Access: E Property Line Road Surface Type: Paved Utilities: Call Listing Office Heating: None Cooling: None Lease Information: Call List Office Docs/Data Available: Deed; Survey Finance Considered: Cash; Owner Financing Zoning: C-1
Listing Office: Major Ranch Realty
Last Updated: June - 16 - 2021

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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