NEW LISTING | Large, Stabilized Colorado Springs Self Storage Facility With 3.3% Loan
AAA Platte Self Storage
Colorado Springs, Colorado
Large, Stabilized Colorado Springs Self Storage Facility With Upside
3.319%, 9 Year Interest-Only Assumable Loan
Price: $19,000,000
Current Cap Rate: 5.54%
Year 1 Cap Rate: 6.57%
Pro Forma Cap Rate: 7.38%
Current Physical Occupancy: 76.60%
Current Economic Occupancy: 77.12%
215,908 Net Rentable Square Feet
539 CC Units | 303 Parking Spaces | 13 Office Spaces | 6 Commercial Spaces
Located Just Two Miles from Colorado Springs Airport
Below Market Rents
Room for Expansion by Converting Industrial Space
Small Amount of Expansion Room on Northeast Corner of Property
Great Visibility and High Daily Traffic Counts: 40,000 Cars/Day
Surrounded by National Retail Brands
Dense & Growing Surrounding Population: 255,019 People Living Within a Five-Mile Radius - Represents a 16.6% Increase Since 2000
VIEW OFFERING MEMORANDUM
LEAD CONTACT: NATHAN COE
Senior Vice President Investments
Columbus Office
614.360.9801
[email protected]
License: OH: SAL. 2015003418
BRETT HATCHER
Senior Managing Director Investments
Columbus Office
614.360.9043
[email protected]
License: OH SAL.2006002356
ADAM SCHLOSSER
Senior Managing Director Investments
Denver Office
303.328.2044
[email protected]
License: CO: FA100050407
GABRIEL COE
Senior Managing Director Investments
Columbus Office
614.360.9041
[email protected]
License: OH SAL.2014003018
CHARLES "CHICO" LECLAIRE
Executive Managing Director Investments
Denver Office
303.328.2000
[email protected]
License: CO: EA00147681
BROKER OF RECORD
ADAM LEWIS
Broker of Record
Denver Office
[email protected]
License: ER.100091205 / EC. 100048709
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