Gated RV Storage
For Sale
$82,000
1964 Centers Ave D105, Lake Havasu City, AZ 86403
Gated RV storage unit with a 13' garage door and 40' deep space, plus on-site water, dump station, and security cameras.
Property Size520 SF
Price / SF$157.69
Days on Market22
Property Features for 1964 Centers Ave D105
General Information
Standard status
Active
Size
520 SF
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Additional Details
Sprinkler System
Yes
Amenities
gated
sprinkler system
water
RV dump station
public bathrooms
trash bin
security cameras
Building Details
Year Built
2004
Listing Agency:
Coldwell Banker Realty
(928) 412-3747
Listed By:
Pamela Hodges
Source:
Sellinghavasu
Added: Jul 21
Changed: Aug 8
Last Checked: Aug 8 at 6:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This gated RV storage unit offers a 40' deep storage space served by a 13' garage door. The complex includes a sprinkler system and provides utilities and amenities for RV use.
On-site features include water service, an RV dump station, public bathrooms, and security cameras, along with trash bin access for convenience. The property is described as being just minutes to Windsor Beach launch ramps, with nearby gas stations and stores for loading up boat or RV supplies.
Additional on-site operational features noted include the sprinkler system and public bathroom access, supporting year-round use of the storage facility.
On-site features include water service, an RV dump station, public bathrooms, and security cameras, along with trash bin access for convenience. The property is described as being just minutes to Windsor Beach launch ramps, with nearby gas stations and stores for loading up boat or RV supplies.
Additional on-site operational features noted include the sprinkler system and public bathroom access, supporting year-round use of the storage facility.
Key Highlights
- Gated RV storage facility with a 13' garage door and 40' deep storage space
- Water available on‑site plus an RV dump station
- Public bathrooms on‑site
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$5,047
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$100,940
$100.9K
Cap Rate 7%
$72,100
$72.1K
Cap Rate 9%
$56,078
$56.1K
Market Conditions
NOI Build-Up for 520 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$6.7K $12.96/SF
− Vacancy
−$802 −$1.54/SF
EGI
$5.9K $11.42/SF
− OpEx
−$891 −$1.71/SF
NOI
$5.0K $9.71/SF
Area
Mohave County, AZ
Vacancy
11.90%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$100,940
Cap Rate 7%
$72,100
Cap Rate 9%
$56,078
Alternative Uses
Best Use
Warehouse
$72.1K
$63.1K – $84.1K
NOI $5,047 @ 7.0% cap · market cap 6.15%
Second Best
Self Storage
$68.9K
$60.3K – $80.4K
NOI $4,822 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$116.1K
$101.6K – $135.5K
NOI $8,127 @ 7.0% cap · market cap 9.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Sprinkler system
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
500
Businesses Nearby
Explore this area
Business Placement
Demographics for 86403, AZ
17,787
Population
11,604
Households
1.5
Avg Household Size
53
Median Age
18%
College-Educated
89%
High-School Grad
11.0 sq mi
ZIP Area
1,617
Density / Sq Mi
$57,531
Median Household Income
$33,368
Median Earnings
$1,152
Median Rent
$313,300
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Gated RV storage unit with a 13' garage door and 40' deep space, plus on-site water, dump station, and security cameras.
Where is this self storage facility located?
The property is located at 1964 Centers Ave D105 Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $82,000.
What are key features of this property?
This property features: Gated RV storage facility with a 13' garage door and 40' deep storage space; Water available on‑site plus an RV dump station; Public bathrooms on‑site
