Photo of Self Storage Facility
Photo of Self Storage Facility
Photo of Self Storage Facility
Photo of Self Storage Facility
Photo of Self Storage Facility
Photo of Self Storage Facility
Photo of Self Storage Facility
Photo of Self Storage Facility
Photo of Self Storage Facility
Photo of Self Storage Facility
Photo of Self Storage Facility
Photo of Self Storage Facility

Contact Information

Storage Elizabeth
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 %

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