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 5x10 units to 15x20 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.
-
0BEDS
-
0.28ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
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 5x10 units to 15x20 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.
Related Properties
© 2024 Summit MLS, Inc., a wholly owned subsidiary of Summit Association of REALTORS®. All rights reserved. The information being provided is for the consumer's non-commercial, personal use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. The information provided is not guaranteed and should be independently verified. You may not reprint or redistribute the information, in whole or in part, without the expressed written consent of Summit Association of REALTORS®. Data last updated: 2024-11-02T00:27:35.117.