NEW
Lafayette, CO
Lafayette Self Storage
$850,000
76 Units
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NEW
Lafayette, CO
Lafayette Self Storage
$850,000
76 Units
This is a great opportunity for a new buyer to buy a mismanaged deal and execute a hands-on approach. Located in desirable Lafayette, the upside in this opportunity is through physical lease-up and improvements to the property (currently at 66% unit occupancy, compared to the market, which sits at well above 90% occupancy).
Lafayette is open for business and is a strong supporter of economic development. The City is located just northwest of Denver in southeast Boulder County, 10 miles east of Boulder. The community offers a small-town atmosphere with the convenience of easy access to a major metropolitan area. Lafayette’s location, accessibility, and high-quality of life combine to make it a desirable location for residential, commercial, and light industrial development.
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UNDER CONTRACT
Cheyenne, WY
Security Storage Portfolio
Call Broker
725 Units
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UNDER CONTRACT
Cheyenne, WY
Security Storage Portfolio
Call Broker
725 Units
Security Storage is a strategically located 3 property self storage portfolio in Cheyenne, WY. The portfolio’s 99,602 RSF is comprised of 725 drive up self-storage units. The 3 properties have easy access and convenient proximity to all of Cheyenne’s residents. The single-story drive-up facilities were constructed between 1993 and 1996 and are concrete drive, fully fenced and well maintained. The portfolio operates at high occupancies year-round – allowing interested buyers to implement ECRIs and revenue management to increase operating income.
Cheyenne, WY, located just 100 miles north of Denver, is a vibrant city where history, culture and natural beauty converge – offering a unique blend of modern amenities and old fashioned charm. Cheyenne embraces its past while looking toward the future, offering a thriving economy, excellent schools and a strong sense of community. With a friendly atmosphere, low cost of living, and strong real estate market, Cheyenne is attractive destination for many. Wyoming is one of the few states with no individual or corporate state income tax.
The Security Storage Portfolio is an excellent opportunity to purchase a large footprint in an attractive and growing market.
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SOLD
Pueblo, CO
Eagleridge Mini Storage
Call For Price
616 Units
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SOLD
Pueblo, CO
Eagleridge Mini Storage
Call For Price
616 Units
Constructed in 2002, Eagleridge Mini Storage, in the heart of Pueblo, consists of 616 self-storage units totaling 75,350 of rentable square feet. The property has historically been very highly occupied and currently sits at 99%. The owners recently delivered a climate control expansion consisting of 65 additional units. This expansion is now full as well. The new buyer will be able to realize outsized revenue growth through revenue management due to low in-place rents.
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