Property Type:
Commercial Sale
Square Footage:
40,036
Lot Size (sq. ft.):
70,567
Status:
Closed
Current Price:
$4,250,000
List Date:
9/27/2021
Last Modified:
5/16/2022
Overview
Description
Multiple offers in hand, in best and final round that closes Wednesday 12pm
283 minstorage units in North I25 submarket.
Located just east of the North I-25 corridor and just south of the booming Paseo del Norte Retail corridor and surrounded by thousands of new apartment units, this facility is well positioned to expand its services to retailers, apartment renters or businesses.
A core asset, with high occupancy, and a customer base that stayed with a recent rent increase, the rents in this community are below market and the ability to enhance income with revenue share models for insurance, and expansion of the selling more moving products makes this a value add asset as well.
The facility has an onsite residence, office, is gated, with 50% of the units cooled by evaporative
Last Updated: May - 16 - 2022
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