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Plasco Storage

2 Speciality Properties Offered at £1,409,940 in Colorado Springs, CO

Investment Highlights

  • Historically high occupied self-storage asset (85%+ year round)
  • Owner installing electronic gates with keypads at both properties
  • Great frontage and visibility off of Bott Avenue
  • Strong In Place Demos: - 3 Mile Pop: 56,702 - 3 Mile Avg HHI: $101,728. - 5 Mile Pop: 137,878 - 5 Mile Avg HHI: $96,488
  • Below market in place rental rates with upside in revenue management

Executive Summary

Plasco Storage in Colorado Springs offers a unique investment opportunity in a thriving market known for its robust economic growth and population influx. With a strong demand for storage solutions driven by the area’s expanding residential and commercial sectors, this facility is well-positioned to capitalize on the increasing need for self storage space.
Colorado Springs boasts a diverse economy, bolstered by military presence, technology, and tourism, ensuring a stable customer base. The property benefits from strategic location and visibility off of Bott Avenue, enhancing accessibility for both residential and business clients. With favorable market trends and a growing population, this investment promises attractive returns and long-term stability.

Property Facts

Price £1,409,940
Price / SF £52.62 / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 26,795 SF
Total Land Area 1.03 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Plasco U-store It
2303 Bott Ave, Colorado Springs, CO 80904
Speciality 19,300 SF 1972 -
2123 Bott Ave, Colorado Springs, CO 80904 Speciality 7,495 SF 1982 -
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  • Listing ID: 33362278

  • Date on Market: 01/10/2024

  • Last Updated:

  • Address: Plasco Storage, Colorado Springs, CO

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