Lakewood, CO
Call for Offers
Offers Due: February 25th, 2025
The 303 Self Storage Colfax property, located at 5885 W Colfax Ave in Lakewood, CO, offers a compelling investment opportunity in a prime, high-visibility location. Positioned along the well-trafficked Colfax Avenue corridor in the Denver MSA, this facility benefits from robust drive-by exposure and convenient accessibility for a growing residential and commercial customer base. The property features modern, secure, and well-maintained storage units, appealing to renters. Surrounded by a diverse mix of residential neighborhoods, retail centers, and commercial hubs, the property is strategically situated in a market with strong demand for self-storage solutions. Its proximity to downtown Denver and major highways enhances its regional draw. With a proven track record of occupancy and income generation, as well as potential for operational efficiencies and revenue growth, 303 Self Storage presents an attractive asset for investors seeking a stable and profitable addition to their portfolio.
Colorado has experienced significant population growth in recent years, driven by its strong economy, outdoor lifestyle, and appeal to young professionals and families. This growth has led to increased demand for housing, often resulting in smaller living spaces and a higher need for off-site storage solutions. The self-storage industry benefits directly from this trend, as both new residents and businesses require flexible, secure storage options. Furthermore, Colorado’s thriving economy and steady influx of newcomers position the state as a resilient and growing market for self-storage investment opportunities.