21715 State Hwy 131 Phippsburg, CO 80469

Property Details for 21715 State Hwy 131

Year built

2001

Lot size

0.28 lot acres

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a well-established self-storage facility located at 21715 State Highway 131 Unit NA, Phippsburg, CO. The property sits on a 0.28-acre lot and boasts a two-story building comprising 40 units of varying sizes. Unit sizes range from compact 5'x10' units to larger 15'x20' garages, catering to a diverse range of storage needs. The facility enjoys a prime location on US 40 in Phippsburg, making it highly accessible to Routt County residents and those traveling for recreational activities in the surrounding areas. Historically, occupancy has averaged approximately 90%, demonstrating strong demand and consistent revenue generation. The streamlined operations are further enhanced by an online reservation and payment system, simplifying management and maximizing efficiency. This turnkey business offers a substantial cash flow with significant upside potential. Opportunities for growth include increasing occupancy rates and adjusting lease rates to reflect market conditions. The robust financial performance is underpinned by the consistently strong performance of the storage industry, coupled with the growing population of Routt County and the increasing demand for storage solutions among outdoor enthusiasts needing space for seasonal equipment and belongings. This presents a rare chance to acquire a proven, profitable business with a solid foundation for continued success.

Location Insight

City

Phippsburg

County

Routt

State

Colorado

Longitude

-106.944

Latitude

40.234