31 Self Storage Units with House/Office

Industrial for Sale
Sale Pending
Also listed as Special Purpose
Catylist Listing ID: 30642432
Property Subtypes: Self Storage
Status: Pending
Building Size (RSF): 5,000 SF
Gross Land Area: 15,000 SF
Sale Price: $300,000
Unit Price: $60 PSF
Ceiling: 8 ft.
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller, Other
Cap Rate: 10.0%
Last Updated: 9/15/2020

Overview / Comments

Close proximity to the University Medical Center in El Paso This property, located on the corner of Alameda and Locust St, includes 31 self-storage units and a home which can be rented. Self-storages were managed by the owners and are 96%, only one space is vacant. Great traffic flow from Alameda!

Additional Details

Nearest MSA: El Paso
County: El Paso
Taxing Authority: El Paso
Tax ID/APN: O26399900608150
Zoning: SCZ T40
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Fair
Year Built: 1969
Roof Type: Flat
Construction/Siding: Metal Siding
Zoning Description: SCZ-T40
Lot Frontage: 120
Lot Depth: 120
Legal Description: 6 ORCHARD PARK 20 & 21 & 29 (EXC NW PT) & NE 13.89 FT X 11.50 FT OF BLK 3 TOBIN PARK #2 (13050.00 SQ FT): 6 ORCHARD PARK NW PT OF 29 (44.60' ON ST-58.96' ON E-40.00' ON S-65.70' ON W) (2624.00 SQ FT)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,505 94,839 198,606
Median Age: 37.22 36.05 34.65
Households: 6,008 32,317 70,218

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