The Self-Storage Advisory Group of Cushman & Wakefield has been selected to exclusively market the sale of this self-storage opportunity in Roswell, NM.

The UFO Self Storage Opportunity represents an increasingly hard to find, value-add facility with expansion potential. The facility currently offers 267 total units including 10 parking spaces over 33,650 NRSF, however, the next owner can take advantage of building out the planned 19,150 sf of expansion to the rear of the facility. With the property currently sitting at 75.1% physically occupancy and 73% economic, within a market that is nearly stabilized, the opportunity for unrealized upside potential and increased revenue is immense.

Situated just south of downtown Roswell, UFO Self Storage benefits from being situated directly on Main St., the highly traveled main thoroughfare that runs directly through the city of Roswell. Easily accessed from US 285 and US 380, the facility is situated near all major shopping centers, as well as New Mexico Military Institute and Roswell’s International Air Center. Home to north of 63,000 residents within the MSA and a median household income of $50,812, Roswell has seen a boom in multifamily developments over recent years which bodes well for the continued growth of the region.

The UFO Self Storage Opportunity represents an increasingly hard to find, mom and pop owned facility with multiple value-add drivers. Alongside pushing rates and increasing occupancy, additional revenue may be realized by taking advantage of the size of the property and automating the facility thereby driving returns. Finally, by utilizing the entire rear expansion area by either adding parking or converting to storage, UFO Self Storage allows for either a new or established investor to acquire a cash flowing facility with multiple unrealized income streams waiting to be implemented.