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Explore Our Properties
21715 State Highway 131 NA
21715 State Highway 131 NA
21715 State Highway 131 NA
21715 State Highway 131 NA
21715 State Highway 131 NA
21715 State Highway 131 NA
21715 State Highway 131 NA
21715 State Highway 131 NA
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$655,000

21715 State Highway 131 NA

5,760 Sq.Ft. 0.28 Acres

Description

On US 40 in Phippsburg, Flat Tops Storage is well-located for Routt County residents, as well as anyone traveling south or west for recreation.

The two-story building has 40 units in varying sizes from 5'x10' units to 15'x20' garages. Historical occupancy is approximately 90% and reservations and payments are managed on-line. The business has a strong cash flow and upside potential via additional occupancy or increased lease rates on the garages.

This is an established, turn-key opportunity for someone looking to acquire a business with strong fundamentals and proven cash flow.

Storage business continue to do well and experience low vacancy rates as the population of Routt County grows with outdoor users needing to store seasonal toys, equipment and personal belongings.

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Location

21715 State Highway 131 NA, Phippsburg, CO 80469

Status

Sold
Chris Sias

Chris Sias

TITLE

Commercial & Leasing Specialist

Property Amenities

Area & Lot
Total area 5,760 Sq.Ft.
Lot Area 0.28 Acres
Living area 5,760 Sq.Ft.
MLS® ID S1053127
Year Built 2001
Type Commercial
Status Sold
Exterior
Air conditioning None
Heat type None
Parking Parking Lot
Roof Asphalt
Utilities Electricity Available
Finance
Sales Price $655,000
Real Estate Tax $10,255 yearly

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