Longmont, CO
$1,375,000
Bobcat Self Storage, located at 124 Gay Street & 960 Elgin Avenue in Longmont, CO, is a well-established self-storage facility with strong operational fundamentals and excellent market exposure. The property spans 11,434 rentable square feet across 68 units and maintains strong economic and physical occupancy, making it an attractive investment for both immediate cash flow and long-term appreciation. A key value-add opportunity lies in the facility’s below-market rental rates, allowing an investor to quickly enhance revenue by aligning pricing with current market comps.
Longmont, CO, is a thriving self-storage market, driven by strong demographics, high-income households, and steady population growth. The facility is ideally positioned within a high-traffic corridor, benefiting from a dense residential and commercial customer base. With strict zoning regulations and high barriers to entry, new self-storage development is limited, and no new facilities are expected to deliver within a 3-mile radius over the next 24 months. This supply-constrained environment enhances the asset’s stability and appreciation potential, making Bobcat Self Storage a rare and highly competitive investment opportunity.