904 N U.S. Hwy 287 Fort Collins, CO
- Self storage facilities
Current Use by Public Records
- Self storage facilities
Property Details for 904 N U.S. Hwy 287
- Year built
- 1993
- Property type
- Self storage facilities
Description
John 14:6 - Jesus said unto him "I am the way, the truth, and the life. No one comes to the Father except through Me". Calvary Realty is proud to present ABC Storage, a well-maintained self-storage facility located at 904 N U.S. Hwy 287 in Fort Collins, Colorado, within the thriving Fort Collins-Loveland MSA, serving a population of over 370,000. Offered at a pricing guidance of $4,500,000 with a price per square foot of $123.30, this property spans 36,496 rentable square feet across 203 units, achieving a physical occupancy rate of 88%. Site has approval for an 8,400 square foot building expansion. Positioned on 4.29 acres, ABC Storage comprises nine single-story, metal and steel-constructed buildings with a gross square footage of 186,981. Built in 1993, the facility offers high visibility and accessibility along the heavily trafficked US Highway 287, which boasts a daily traffic count of 13,100. Its strategic location near the Cache La Poudre-North Park Byway provides proximity to Colorado State University, new housing developments, and multiple lakes and reservoirs. With features such as gated and fenced access, historically high occupancy, and recent rent increases, ABC Storage presents strong operational performance and income stability. Below-market rents and expansion opportunities further enhance the property’s investment potential, making it a compelling opportunity in the dynamic Fort Collins market. Owner is willing to carry interest only financing for a 5-year period!
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Collins
- County
- State
- Colorado
- Longitude
- -105.05
- Latitude
- 40.57
