Contact Information
Storage Elizabeth
My Colorado Broker, LLC
My Colorado Broker, LLC
Self Storage Details
- Price: $995,000
- Listing ID: 112490
- Posted On: Sep 19, 2012
- Updated On: Sep 19, 2012
Description
89 unit self-storage on 10 acre site with RV, Boat & trailer storage PLUS 1120sf work shop/office space and 417 feet of Colorado Highway 86 frontage in Elizabeth, CO. The storage units are currently 91% occupied and 74% of the available parking spots are still available which will allow for a considerable profit increase at full occupancy and a Pro Forma CAP rate of 10%+. Additional sales income potential from truck rentals, storage container delivery, moving supplies, locks, etc.
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Financial Information
Gross Income: | $81 |
Operating Expense: | $10 |
Expense Ratio: | 12.3 % |