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400 County Road 982

Arboles, CO 81121
  • $2,895,000
  • STATUS: Active
  • ON SITE: 96 Days
  • MLS #: 810324
$2,895,000
  • 0
    BEDS
  • 3.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 50,350
    SQFT
  • $57
    $/SQFT
Type:
Commercial
County:

School Ratings & Info

Listing courtesy of Shamrock Realty: 970-403-3584.


Description

Lakeview Storage - Premium Lakefront Boat Storage Facility This exceptional property boasts an impressive array of features, making it a lucrative investment opportunity for the discerning buyer. Let's explore the highlights: The property offers a competitive 6% CAP rate, presenting an ideal investment opportunity. Lakeview Boat Storage encompasses an expansive area of 3.6 acres, completely fenced for added security. The facility features a total of 148 units, with a generous enclosed storage space of 50,350 square feet. These units were thoughtfully constructed between 1992 and 2022, with all buildings being steel I-beam commercial structures, ensuring durability and longevity. Lakeview storage boasts an impressive overall occupancy rate of 95%. Notably, the boat and RV units boast full occupancy, with a revolving waitlist further reflecting their popularity. This high demand has been consistent for two decades. With most management operations handled remotely, the property requires minimal onsite maintenance and bookkeeping. This streamlined process allows for efficient management, with only about one day a week devoted to maintenance and administrative tasks. Lakeview Storage is perfectly situated between the charming towns of Durango and Pagosa Springs, both accessible within an hour's drive. This strategic location ensures easy access for tenants and a promising clientele base. Additionally, the facility is located just one mile away from Navajo State Park, an RV park, and a boat ramp in Arboles, Colorado. The nearby Navajo Reservoir, with its deep water and extensive channel, offers recreational opportunities for boating enthusiasts and outdoor adventurers alike. The pricing structure corresponds to various unit sizes and types, catering to different storage needs. Ranging from spacious boat/RV units to versatile mini-storage spaces, Lakeview Storage provides attractive options for all tenants: $150.00: 12' X 35' Boat/RV Units with Gravel Floor (40 total) $135.00: 11' X 30' Boat/RV Units with Gravel Floor (70 total) $110.00: 10' X 30' Mini-Storage Units with Concrete Floor (13 total) $95.00: 10' X 25' Mini-Storage Units with Concrete Floor (16 total) $75.00: 10' X 30' Mini-Storage Units with Gravel Floor (6 total) $70.00: 10' X 20' Mini-Storage Units with Gravel Floor (3 total) $35.00: Outdoor Storage/Uncovered Spaces (12 spaces) Lakeview Storage is a flourishing and well-maintained investment opportunity with an outstanding occupancy history, a prime location, and diverse storage offerings. This property is a wise choice for those seeking a profitable and stable investment in the storage industry. Don't miss the chance to own this gem in the heart of Colorado's picturesque landscape. Contact us today to arrange a viewing and secure your place in this prosperous venture.

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-04-20T22:30:38.613.
www.thehowegroup.co/homes/146738821
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400 County Road 982 Arboles, CO 81121

  • Price: $2,895,000
  • Status: Active
  • On Site: 96 Days
  • MLS #: 810324
0
Beds
0
Baths
0
½ Baths
3.6
Acres
50,350
SQFT
$57
$/SQFT
Neighborhood:
Piedra Park 02 - 11 Cnty Code 00480
County:
Archuleta
Area:
Ps11 (Navajo Lake)
Property Description
Lakeview Storage - Premium Lakefront Boat Storage Facility This exceptional property boasts an impressive array of features, making it a lucrative investment opportunity for the discerning buyer. Let's explore the highlights: The property offers a competitive 6% CAP rate, presenting an ideal investment opportunity. Lakeview Boat Storage encompasses an expansive area of 3.6 acres, completely fenced for added security. The facility features a total of 148 units, with a generous enclosed storage space of 50,350 square feet. These units were thoughtfully constructed between 1992 and 2022, with all buildings being steel I-beam commercial structures, ensuring durability and longevity. Lakeview storage boasts an impressive overall occupancy rate of 95%. Notably, the boat and RV units boast full occupancy, with a revolving waitlist further reflecting their popularity. This high demand has been consistent for two decades. With most management operations handled remotely, the property requires minimal onsite maintenance and bookkeeping. This streamlined process allows for efficient management, with only about one day a week devoted to maintenance and administrative tasks. Lakeview Storage is perfectly situated between the charming towns of Durango and Pagosa Springs, both accessible within an hour's drive. This strategic location ensures easy access for tenants and a promising clientele base. Additionally, the facility is located just one mile away from Navajo State Park, an RV park, and a boat ramp in Arboles, Colorado. The nearby Navajo Reservoir, with its deep water and extensive channel, offers recreational opportunities for boating enthusiasts and outdoor adventurers alike. The pricing structure corresponds to various unit sizes and types, catering to different storage needs. Ranging from spacious boat/RV units to versatile mini-storage spaces, Lakeview Storage provides attractive options for all tenants: $150.00: 12' X 35' Boat/RV Units with Gravel Floor (40 total) $135.00: 11' X 30' Boat/RV Units with Gravel Floor (70 total) $110.00: 10' X 30' Mini-Storage Units with Concrete Floor (13 total) $95.00: 10' X 25' Mini-Storage Units with Concrete Floor (16 total) $75.00: 10' X 30' Mini-Storage Units with Gravel Floor (6 total) $70.00: 10' X 20' Mini-Storage Units with Gravel Floor (3 total) $35.00: Outdoor Storage/Uncovered Spaces (12 spaces) Lakeview Storage is a flourishing and well-maintained investment opportunity with an outstanding occupancy history, a prime location, and diverse storage offerings. This property is a wise choice for those seeking a profitable and stable investment in the storage industry. Don't miss the chance to own this gem in the heart of Colorado's picturesque landscape. Contact us today to arrange a viewing and secure your place in this prosperous venture.
Exterior Features

Carport No Lot Dimension tbd Stories n/a Water Well No Waterfront YN No

Interior Features

Finished Sq Ft 0 One Quarter Baths 0 Total Offices 0

Property Features

Books Available No Cam No Cap Rate Percent 6 Covenants NO Current Use Other Exchange Trade No Fixtures Included No Inventory Included No Lease Included Yes New Construction YN No Owners Association No Possible Property Use Mixed-UseWarehouse Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2022 Total Taxes 12414.28 Type Other Variable Rate No Water Rights No

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-04-20T22:30:38.613.
 
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The Howe Group | Keller Williams Realty
218 Maroon Ave. Unit C
Crested Butte CO, 81224
Listing courtesy of Shamrock Realty: 970-403-3584.