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8775 Us Highway 24 Cascade, CO 80809

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For Sale
$1,600,000

Self-storage facility generating $116,004 gross annual rent for sale.

Property size:
10,225 SF
Lot size:
1.92 Acres

Property Features for 8775 Us Highway 24

General Information

Size
10,225 SF
Lot size
1.92 Acres

Source: Hoff & Leigh Agent Tim Leigh

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Big Foot Self Storage Facility

The Big Foot Self Storage facility is now for sale. This property generates approximately $116,004 in actual gross annual rent. Annual expenses, including taxes, insurance, maintenance estimate, and management, are approximately $25,367. The total building area is 10,225 square feet, divided into 7 buildings with sizes of 400, 550, 950, 1,225, 1,500, 2,700, and 3,400 square feet. The unit mix includes 4 car stalls, eight 10’ x 5’ units, seventeen 10’ x 10’ units, twenty-two 10’ x 15’ units, twenty-one 10’ x 15’ units, one 15’ x 15’ unit, and one 20’ x 20’ unit. The facility is fairly new with no expected deferred maintenance. Situated on 1.91 acres, the property is zoned CCR-t. Located between Colorado Springs and Woodland Park, this property offers an investment opportunity with nearly 400 linear feet of highway frontage, providing roadside visibility and easy access for customers. The units stay full, with only one vacant unit currently. The annual property tax is $7,868, and the annual property insurance is $6,099.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Self storage facilities

Suggested Use

Realty agency Restaurant Building Supply Auto Repair Shop Gym & Fitness Hotel & Motel Department Store Bar & Pub HVAC Service Discount Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Cascade
County
El Paso
State
Colorado
Longitude
-104.983717
Latitude
38.917231

FAQs

What type of property is this?
Self storage facility - Self-storage facility generating $116,004 gross annual rent for sale.
Where is this self storage facility located?
The property is located at 8775 Us Highway 24 Cascade, CO.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: - Generates approximately $116,004 in gross annual rent with a 6% cap rate.; - Excellent location between Colorado Springs and Woodland Park with nearly 400 linear feet of highway frontage.; - High occupancy rate with only 1 vacant unit currently.
More about this property
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