697 Industrial BlvdDelta, CO 81416

Property Details for 697 Industrial Blvd

Year built

2002

Lot size

0.79 AC

Property size (Sq ft)

2,000 SF

Property type

Industrial properties

Property subtype

Other warehouses

APN

345517113001

APU

345517113001

Description

This exceptional investment opportunity presents a well-maintained industrial property located at 697 Industrial Boulevard, Delta, Colorado. The property encompasses a substantial 4,000 square feet on a 0.79-acre lot, currently housing 40 fully occupied storage units. This translates to a strong, immediate cash flow, with significant potential for increased profitability. The current occupancy rate of 100% provides a stable income stream, and the existing rental rates offer considerable room for upward adjustment, potentially doubling current revenue. This potential for rent increases directly impacts the property's net operating income (NOI) and capitalization rate (Cap Rate), making it an attractive investment for those seeking strong returns. The low-maintenance nature of the storage units further enhances the property's appeal, minimizing operational expenses and maximizing returns. The property's location in Delta, Colorado, offers convenient access to local transportation networks and a growing market for storage solutions. This turnkey operation requires minimal management, making it ideal for passive income seekers or experienced investors looking to expand their portfolio with a high-yield asset. The property is priced at $325,000, representing a compelling value proposition given its current performance and future growth potential. This is a rare opportunity to acquire a stable, high-performing income-generating property with significant upside.

Location Insight

City

Delta

County

Delta

State

Colorado

Latitude

38.755

Longitude

-108.035

Property Tax & Assessments

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