Follow us on Facebook or Instagram

Give us a call 970-872-3322

$2,750,000
3.6± Acres
Active
Archuleta County, CO

400 County Road 982, Arboles, Colorado

MLS ID: 810324
Status: Active
Price: $2,750,000
Acres: 3.6±
Type: Commercial
Address: 400 County Road 982
City, State: Arboles, CO
County: Archuleta County
ZIP Code: 81121
Parcel Number: 616117101017
Listed by: Tim Cooney of Shamrock Realty

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.

Additional Information

Interior

Building Area Total: 50,350
Furnished: Unfurnished

Exterior

Lot Size Dimensions: tbd

Financial/HOA/Schools

Days On Market: 175
Subdivision Name: Piedra Park 02 - 11 Cnty Code 00480
Tax Annual Amount: 12414.28
Jake Hubbell

Jake Hubbell

Hotchkiss, Colorado

(970) 250-9396

Interested? Contact Us Today About This Listing

  • This field is for validation purposes and should be left unchanged.

All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of December 5, 2024 at 12:00:00 AM UTC.

SOURCE: 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 (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice. TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought. WARRANTY: COLORADO REAL ESTATE NETWORK (CREN) MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. COLORADO REAL ESTATE NETWORK SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL. "COPYRIGHT (2024) by COLORADO REAL ESTATE NETWORK" 121 N PARK AVENUE, MONTROSE, CO 81401 USA ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Colorado Real Estate Network (CREN). PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

Listed By: Tim Cooney of Shamrock Realty