ALBUQUERQUE, NM MSA • OVER 50,000 SF
ALBUQUERQUE, NM MSA • OVER 50,000 SF
1 PagesCASE STUDY ALBUQUERQUE, NM MSA • OVER 50,000 SF • PRICE: PRICE: $2,325,000 BUYER PROFILE SELLER PROFILE PROPERTY PROFILE Private, hands-on local operator REIT Primarily commercial size units vs traditional storage THE STORY • Number of bids: 6 • The Seller, who is a broker, had previously attempted to sell the property himself • The property was in distress when the seller originally purchased it from a local lender. After an extensive turnaround effort, it was fully stabilized and ready for a sale. • Closing process was quick with only 2.5 months from accepted LOI to closing. THE RESUL TS The seller was able to successfully realize his profit and redeploy the proceeds into another investment. RYAN CLARK DIRECTOR OF INVESTMENT SALES 216.302.3661 RCLARK@SKYVIEWADVISORS.COM
