Montrose, CO – Argus Self Storage Advisors is pleased to announce the successful sale of San Juan & Fruit Park Storage, a mixed-use storage facility in Montrose, Colorado. Argus represented the seller in the transaction.
Located at 688 Spring Creek Road, San Juan & Fruit Park Storage comprises approximately 77,782 total rentable square feet across 362 units, including traditional self-storage, warehouse space, office suites, covered RV/boat and open parking storage. The property offered investors a rare, diversified income stream in a tightly held Western Slope market, with strong in-place occupancy and meaningful upside through rate optimization and continued lease-up of available space.
The Montrose market has benefited from steady population and economic expansion, anchored by tourism, agriculture, healthcare, and its position as the commercial hub of Colorado’s Western Slope. With limited competitive new supply and a captive local customer base, the area continues to offer durable long-term fundamentals for self-storage operators.
“Self storage continues to be one of the most desired asset classes in commercial real estate, and that demand extends well beyond the major metros into secondary and tertiary markets like Montrose,” said Cole Carosella, Vice President at Argus Self Storage Advisors. “Investors are increasingly focused on well-located facilities in growing communities with limited new supply, and San Juan & Fruit Park Storage checked every one of those boxes. We were pleased to deliver a strong outcome for our client.”
Argus Self Storage Advisors continues to be a market leader in self-storage brokerage, leveraging its national platform and local market expertise to deliver best-in-class outcomes for its clients.
Based in Denver, Colorado, Argus Self Storage Advisors (Argus) was formed in 1994 to assist owners and investors of self-storage with their real estate needs. Through the years, Argus has assembled a network of real estate brokers experienced in self-storage and income property investments. Now the largest self-storage brokerage network in the United States, the Argus network has 36 Broker Affiliates covering nearly 40 markets. These brokers are able to meet the needs of self-storage investors and owners whether it is acting as a buyer’s agent or listing and marketing a property. For more information call 1-800-55-STORE or visit www.argus-selfstorage.com.
