
Description
Opportunities to own self storage in the Estes Valley do not come around very often! There are only 10 self storage facilities in the entire Estes Valley and occupancy stays at 100% with long waiting lists for all facilities common across the valley. Alpine Self Storage provides 88 enclosed units plus outdoor spaces and alternate offerings which provide a total of 94 units for rent. Last 24 months average annual Gross Revenue is $128,500. Last 24 months average EBITDA is $87,600. Asking $1.75M. CAP 5.0. Upside opportunity to enclose open outdoor spaces providing the potential to increase rents by 10%+ annually.
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0BEDS
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0.81ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Opportunities to own self storage in the Estes Valley do not come around very often! There are only 10 self storage facilities in the entire Estes Valley and occupancy stays at 100% with long waiting lists for all facilities common across the valley. Alpine Self Storage provides 88 enclosed units plus outdoor spaces and alternate offerings which provide a total of 94 units for rent. Last 24 months average annual Gross Revenue is $128,500. Last 24 months average EBITDA is $87,600. Asking $1.75M. CAP 5.0. Upside opportunity to enclose open outdoor spaces providing the potential to increase rents by 10%+ annually.
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