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21715 Hwy 131,  Phippsburg CO, 80469 ( Active )

  • $435,000
MLS# S162054
|
beds, baths
Source:REcolorado

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Listing Provided Courtesy Of: Steamboat Sotheby's International Realty
Last Updated: 11/25/2017 1:19 AM
Description for 21715 Hwy 131,  Phippsburg CO, 80469
Well established 41 unit storage business all under one roof with a highly visible highway location. Excellent income stream with occupancy rates between 92% and 100% for past ten years. Minimal overhead, maintenance and time requirement. Plenty of upside potential remains for the next investor of this business priced at an excellent cap rate. Owner is a Colorado real estate broker.
Price
$435,000
Routt
6,440 (approx)
S162054
Active
Description
Well established 41 unit storage business all under one roof with a highly visible highway location. Excellent income stream with occupancy rates between 92% and 100% for past ten years. Minimal overhead, maintenance and time requirement. Plenty of upside potential remains for the next investor of this business priced at an excellent cap rate. Owner is a Colorado real estate broker.
Listing Information
Property Type: Multi-Family
Other 0.28 Acres 6,440 (approx)
$67.55 2006 Frame
Neighborhood
Exterior / Lot Features
Frame
Commercial
Financial Considerations
145907017
$4,026
2016
Listing Price History

Phippsburg Real Estate

Phippsburg is located in Colorado. Phippsburg, Colorado 80469 has a population of 154.

The median household income in Phippsburg, Colorado 80469 is $42,500. The median household income for the surrounding county is $61,095 compared to the national median of $53,482. The median age of people living in Phippsburg 80469 is 55.9 years.

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Courtesy: Doug Labor - Steamboat Sotheby's International Realty
Copyright © 2017 REcolorado. All rights reserved. Information is deemed reliable but is not guaranteed.

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    21715 Hwy 131, Phippsburg CO, 80469

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