7101 W 117th Ave - Self-Storage Facilities FOR SALE


Broomfield, CO 80020- Lower Broomfield
$2,385,000 USD
720-788-1145
7101 W 117th Ave, Broomfield, CO for Sale
$2,385,000 USD
Self-Storage Facilities - FOR SALE
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null | Request Cap Rate

7101 W 117th Ave
Broomfield, CO 80020
Lower Broomfield


OVERVIEW

***We are offering any broker who brings a successful buyer to us a 3% commission and upon execution of a successful LOI will enter in a contract to take us through closing to represent us*** We purchased this August 2023 and have put hundreds of thousands of dollars in CAPEX including but not limited to: New pavement, seal coat, new computer, new open tech gate hardware/keypads and software, all new led lighting, new website, new roof on one of the buildings, all new paint in office, and all doors, trim and entire buildings, new door unit tags and much much more. When we purchased it we had actual T12 of 11.8k per month in gross revenue and we run Sitelink mngt software. Our total monthly expenses all in including, payroll, mngt fee, utilities, property insurance and property tax etc. are $8800 per month. We have been granted a special use permit by the city of Broomfield to allow Penske truck rentals and our T12 average revenue (as truck rentals of course are highest in summer) With May/June/July/August and sept being between $23-$34k each month . Revenue has been steadily climbing and plenty of room to increase further as occupancy is currently at 74%. 2024 Gross revenue was $247k with expenses of $8800 per month.

FOR SALE DETAILS

PRICE

$2,385,000 USD

PRICE/SF

$156 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Broomfield Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,729 SF

ZONING

I-2, Broomfield

APN/PARCEL ID

1717-02-1-14-001

ASK ABOUT THIS PROPERTY

Brandon LuthyeElite Self Storage ManagementMore Info
720-788-1145

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Brandon LuthyeElite Self Storage ManagementMore Info
720-788-1145

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.