21715 State HwyPhippsburg, CO 80469

Property Details for 21715 State Hwy

Year built

2001

Property size (Sq ft)

1 SF

Property type

Retail properties

Description

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.

Location Insight

City

Phippsburg

County

Routt

State

Colorado

Latitude

40.234

Longitude

-106.944

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