For Sale
$820,000

21715 State Hwy Phippsburg, CO 80469

Established Storage Facility, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional retail investment opportunity presents a two-story, 40-unit self-storage facility located at 21715 State Highway 131 in Phippsburg, Colorado, zip code 80469. Built in 2001, the property boasts a total of 1 square foot and sits on a 1,133 square foot lot. The asking price is $820,000, translating to a price per square foot of $820,000. Currently operating at approximately 90% occupancy, the facility offers a diverse range of unit sizes, accommodating various storage needs, from small 5'x10' units to larger 15'x20' garages. Conveniently situated on US 40, the property benefits from high visibility and accessibility for both local Routt County residents and travelers heading south or west for recreational activities. Online reservation and payment systems streamline management, contributing to the property's strong cash flow and significant upside potential. This established, turnkey business presents a compelling investment opportunity, offering proven cash flow and growth prospects fueled by the increasing population of Routt County and the consistent demand for storage solutions in this area. The property's strong fundamentals and low vacancy rates make it an attractive acquisition for investors seeking a stable and profitable venture.

Highlights

  • Exceptional retail investment opportunity: 40-unit self-storage facility in Phippsburg, CO.
  • 2-story building, 1,133 sq ft lot, built in 2001.
  • Asking price: $820,000; currently 90% occupancy.
  • Offers diverse unit sizes (5'x10' to 15'x20' garages); high visibility on US 40.
  • Strong cash flow, online reservation/payment systems, significant upside potential.

Property Details for 21715 State Hwy

Property type
Retail properties
Square Feet
1 SF
Year Built
2001
Stories
2
Units
40

Location Insight

City
Phippsburg
County
Routt
State
Colorado
Latitude
40.233993
Longitude
-106.943713

FAQs

What type of property is this?
Retail property - Established Storage Facility, High Occupancy
Where is the retail property located?
The property is located at 21715 State Hwy Phippsburg, CO.
What is the asking price?
The asking price for this property is $820,000.
What are key features of this property?
This property features: Exceptional retail investment opportunity: 40-unit self-storage facility in Phippsburg, CO.; 2-story building, 1,133 sq ft lot, built in 2001.; Asking price: $820,000; currently 90% occupancy.
How can I contact the broker?
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21715 State Hwy
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