158 New School Rd Truth or Consequences, NM 87935

This exceptional investment opportunity presents a well-established storage facility located at 158 New School Road, Truth or Consequences, New Mexico, 87935. Built in 1980, this property sits on a one-acre lot and offers 24 individual storage units, generating a substantial monthly income of $2,700. The unit mix includes sixteen 10' x 20' units and eight 5' x 10' units, catering to a diverse range of storage needs. The property's location in a popular area presents significant potential for expansion, allowing for further income growth. The asking price for this turnkey operation is $265,000. This represents a rare chance to acquire a proven income-generating asset with immediate cash flow and significant upside potential. The property is classified as Special Purpose and offers a solid foundation for a savvy investor seeking a stable and profitable venture in a desirable New Mexico market. The property's existing infrastructure and strong rental history make it an attractive proposition for both seasoned investors and those new to the commercial real estate market. The one-acre lot provides ample space for future development and expansion, further enhancing the long-term value and potential of this exceptional investment.