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1175 N Ellicott Hwy, Calhan, CO 80808

Commercial property for sale

Added: 08/07/2013
Last Update: 09/03/2013
1175 N Ellicott Hwy Calhan, CO 80808 US
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Contact info

  • 719-535-0355 [Office] 

Description

Passive income, passive income, passive income! Outstanding investment opportunity. 9% CAP rate with 50% current occupancy. Huge upside for much greater return with some increased emphasis on marketing. 284 various size storage units. Secure investment due to the large number of "tenants". Current manager will stay on with new ownership if desired. Has been near 100% occupancy in the past. Sits on almost 5 acres and has room to grow or easily add outside storage to the mix. Building price details: $725,000.

Property Details

  • Type: Commercial (Other)
  • Status: Available
  • Year Built: 1995
  • Year Renovated: 2004
  • MSA: Colorado Springs
  • Zoning: PUD
  • Buildings: 6
  • Tenancy: Multiple Tenants
  • ConstructionSteel Frame

Exterior Features

  • Parking Type: Surface

Terms

  • Cash to Seller 
  • Other 

Agent

Rob Rolley
719-535-0355 [Office]

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