
Description
Excellent opportunity for investor to get in at the ground floor of a high performing small personal storage unit facility. This 52 unit storage facility has an excellent mix of sizes to keep the facility at a high occupancy rate. The entire yard is concrete and is centrally located within the northern portion of Cheyenne. This area is underutilized for storage facilities of this size. The potential CAP Rate utilizing existing lease rates have the facility performing at over 8%. Financials are available upon request.
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0BEDS
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0.49ACRES
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0BATHS
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01/2 BATHS
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7,100SQFT
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$74$/SQFT
School Ratings & Info
Description
Excellent opportunity for investor to get in at the ground floor of a high performing small personal storage unit facility. This 52 unit storage facility has an excellent mix of sizes to keep the facility at a high occupancy rate. The entire yard is concrete and is centrally located within the northern portion of Cheyenne. This area is underutilized for storage facilities of this size. The potential CAP Rate utilizing existing lease rates have the facility performing at over 8%. Financials are available upon request.
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