Property Listing No Longer Available for Sale

7668 US 50, Howard, CO

Storage for Sale - $1,400,000


Property Info

CIMLS#10101
Location
  7668 US 50
  Howard CO 81223
UpdatedOctober 15th, 2008
TypeStorage
Price$1,400,000

Property Description

SELLER IS MOTIVATED. SELLER WILL CARRY. 11 Miles east of Salida, CO:

152 Storage Units on 6.07 acres with approval in place for an additional 3 buildings. Storage buildings are designed with removable partitions to accomodate pull through trailers and larger units. Construction began in 1995 and expanded as the need developed. Currenty the property experiences >80% occupancy with minimal advertising and a part time owner/operator. The grounds are fully fenced with gate and security system. Included is a nice 3 bedroom, 2 bath residence with 3 car garage, 2 trucks, new John Deere tractor and more than enough personal property and building materials to comfortably operate the property and business for years. The property is zoned commercial, has views of the Arkansas River and Sangre De Cristo Mountains and water is provided via an adjudicated commercial well. Non payment and lien sales are rare.

Incredible Setting!

Located 11.5 Miles East of Salida, Colorado on US 50. Surrounded by residential growth due to a quality lifestyle in a tremendous setting. Few comparable investment opportunities available in this particular area. Misc. reports available including Survey, and drainage studies. Genuine opportunities to increase income include: expanding the RV storage and advertising. Additional acreage also available ideal for convenience store, auto wash, grocery or RV park.


Financials