Self Storage Unit with 14-Foot
For Sale
$150,000
Pending
B15-3204 Sweetwater Ave, Lake Havasu City, AZ 86406
Storage unit B15 offers a 14-foot door and extra-wide drive aisles within a fully fenced, gated facility.
Property Size750 SF
Days on Market122
Property Features for B15-3204 Sweetwater Ave
General Information
Standard status
Pending
Size
750 SF
Taxes and HOA fees
Annual Taxes
$512
Listing Agency:
eXp Realty
(888) 897-7821
Listed By:
APX Real Estate Group · License #SA639521000
(928) 298-3656
Source:
Exprealty
Added: Jul 2
Changed: Oct 29
Last Checked: Oct 30 at 3:33PM
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 eXp Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is a self-storage unit within Luxelocker Storage, featuring unit B15 with dimensions of 15 feet wide by 50 feet deep and a 14-foot door. The facility includes fully fenced and gated access with monitored security systems.
The property is located on the south side of Lake Havasu City and is described as minutes from the Riviera Launch Ramp, with 24/7 access for storing and retrieving belongings. On-site amenities include a restroom and shower, along with a wash area and dump station.
Operationally, the extra-wide drive aisles are designed to accommodate maneuvering larger RVs and trailers, supporting convenient access to the unit.
The property is located on the south side of Lake Havasu City and is described as minutes from the Riviera Launch Ramp, with 24/7 access for storing and retrieving belongings. On-site amenities include a restroom and shower, along with a wash area and dump station.
Operationally, the extra-wide drive aisles are designed to accommodate maneuvering larger RVs and trailers, supporting convenient access to the unit.
Key Highlights
- Storage unit B15 measures 15' wide by 50' deep with a 14' door
- Fully fenced and gated facility with state‑of‑the‑art monitored security systems
- 24/7 access to units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,279
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$145,580
$145.6K
Cap Rate 7%
$103,986
$104.0K
Cap Rate 9%
$80,878
$80.9K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$9.7K $12.96/SF
− Vacancy
−$1.2K −$1.54/SF
EGI
$8.6K $11.42/SF
− OpEx
−$1.3K −$1.71/SF
NOI
$7.3K $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 Rate 5%
$145,580
Cap Rate 7%
$103,986
Cap Rate 9%
$80,878
Alternative Uses
Best Use
Warehouse
$104.0K
$91.0K – $121.3K
NOI $7,279 @ 7.0% cap · market cap 4.85%
Second Best
Self Storage
$99.4K
$86.9K – $115.9K
NOI $6,955 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$167.5K
$146.5K – $195.4K
NOI $11,722 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
135
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
Frequently Asked Questions
What type of property is this?
Self storage facility - Storage unit B15 offers a 14-foot door and extra-wide drive aisles within a fully fenced, gated facility.
Where is this self storage facility located?
The property is located at B15-3204 Sweetwater Ave Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Storage unit B15 measures 15' wide by 50' deep with a 14' door; Fully fenced and gated facility with state‑of‑the‑art monitored security systems; 24/7 access to units
