Self-Storage Unit with Tall
New
For Sale
$107,000
3400 Sweetwater Ave H11, Lake Havasu City, AZ 86406
Secure storage unit in a gated facility with around-the-clock access and shared operational amenities.
Property Size650 SF
Price / SF$164.62
Days on Market5
Property Features for 3400 Sweetwater Ave H11
General Information
Standard status
Active
Size
650 SF
Site & Location
Fenced Yard
Yes
Utilities to Site
Yes
Additional Details
Self-Storage Units
1
Amenities
Gated complex
24-hour access
Security cameras
Bathrooms with showers
Trash bins
Water
Electricity
RV dump area
Building Details
Year Built
2001
Listing Agency:
Realty ONE Group Mountain Desert-LH
(928) 412-2890
Listed By:
Mark Gehrman
Source:
Sellinghavasu
Added: Aug 19
Changed: Aug 20
Last Checked: Aug 23 at 7:54AM
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 Realty ONE Group Mountain Desert-LH
Investment Insights
Based on property information with market context.
This 650 SF self-storage unit was built in 2001 and offers approximately 50 feet of interior depth with a 14-foot-tall door. The unit sits near the entrance of the gated complex, providing a direct route in and out for loading and access.
Facility features include 24-hour access, security cameras, bathrooms with showers, trash bins, water, electricity, and an RV dump area. The property is located in Lake Havasu City near the Havasu Riviera Marina, supporting convenient access for storage and equipment-related needs.
Facility features include 24-hour access, security cameras, bathrooms with showers, trash bins, water, electricity, and an RV dump area. The property is located in Lake Havasu City near the Havasu Riviera Marina, supporting convenient access for storage and equipment-related needs.
Key Highlights
- 650 SF self‑storage unit built in 2001
- Approximately 50 FT. deep with a 14 FT. tall door
- Gated complex with 24 HR. access and security cameras
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
$6,308
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
5.90%
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%
$126,160
$126.2K
Cap Rate 7%
$90,114
$90.1K
Cap Rate 9%
$70,089
$70.1K
Market Conditions
NOI Build-Up for 650 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
$8.4K $12.96/SF
− Vacancy
−$1.0K −$1.54/SF
EGI
$7.4K $11.42/SF
− OpEx
−$1.1K −$1.71/SF
NOI
$6.3K $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%
$126,160
Cap Rate 7%
$90,114
Cap Rate 9%
$70,089
Alternative Uses
Best Use
Warehouse
$90.1K
$78.9K – $105.1K
NOI $6,308 @ 7.0% cap · market cap 5.90%
Second Best
Self Storage
$86.1K
$75.4K – $100.5K
NOI $6,028 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$145.1K
$127.0K – $169.3K
NOI $10,159 @ 7.0% cap · market cap 9.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
Explore this area
Business Placement
Demographics for 86406, AZ
24,935
Population
14,846
Households
1.7
Avg Household Size
57
Median Age
19%
College-Educated
94%
High-School Grad
244.5 sq mi
ZIP Area
102
Density / Sq Mi
$74,171
Median Household Income
$45,457
Median Earnings
$1,311
Median Rent
$434,700
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 - Secure storage unit in a gated facility with around-the-clock access and shared operational amenities.
Where is this self storage facility located?
The property is located at 3400 Sweetwater Ave H11 Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $107,000.
What are key features of this property?
This property features: 650 SF self‑storage unit built in 2001; Approximately 50 FT. deep with a 14 FT. tall door; Gated complex with 24 HR. access and security cameras
