400 County Road 982

Description

LAKEVIEW STORAGE | ESTABLISHED SELF-STORAGE & BOAT/RV STORAGE INVESTMENT Exceptional opportunity to acquire Lakeview Storage, an established self-storage and boat/RV storage facility serving the Navajo Reservoir recreation market in Southwest Colorado. The facility has a long-standing customer base and a proven operating history, making it an attractive investment opportunity. Strategically located in Arboles, Colorado, the facility is approximately one mile from Navajo State Park, the public boat ramp, RV park, and the recreational amenities surrounding Navajo Reservoir. The property's proximity to the lake provides convenient storage for boat owners seeking quick access to the water and contributes to continued demand for boat and RV storage. Situated on approximately 3.6 fenced acres, the property consists of 148 storage units totaling approximately 50,350 square feet of enclosed storage space. Improvements were constructed between 1992 and 2022 and feature durable steel I-beam commercial construction designed for long-term performance and low maintenance. Seller reports current occupancy of approximately 93%. The facility has maintained a strong year-round occupancy history and serves local residents as well as seasonal visitors from Durango, Pagosa Springs, and the surrounding Four Corners region. Current storage inventory and monthly rental rates include: • 40 Boat/RV Units – 12' x 35' Gravel Floor — $150/month • 70 Boat/RV Units – 11' x 30' Gravel Floor — $135/month • 13 Mini-Storage Units – 10' x 30' Concrete Floor — $110/month • 16 Mini-Storage Units – 10' x 25' Concrete Floor — $95/month • 6 Mini-Storage Units – 10' x 30' Gravel Floor — $75/month • 3 Mini-Storage Units – 10' x 25' Gravel Floor — $70/month • 12 Outdoor Storage Spaces — $35/month The facility is designed for efficient operation with limited onsite management requirements, making it suitable for both local and absentee ownership. Its established operating history, diverse unit mix, strong occupancy, and location near one of Colorado's premier boating destinations position Lakeview Storage as a well-maintained commercial asset with income-producing potential. Conveniently located between Durango and Pagosa Springs, Lakeview Storage benefits from demand generated by area residents, outdoor recreation enthusiasts, and visitors to Navajo Reservoir.