Self-Storage Facility
FreeUp Storage Devonshire
8700 Devonshire Blvd, Denver, CO 80229
Listing Price: $4,700,000
Cap Rate
4.46%
Number of Units
280
Occupancy
30.3%
Gross SF
28,230
Rentable SF
28,230
Price/Rentable SF
$166.49
Year Built
1985
Investment Overview
Building layout consists of three single-story buildings made up of 280 non-climate controlled units totaling 28,230 NRSF. Concrete block exteriors with flat metal roofs surrounded by wooden and chain-link fencing. Roll-up doors and paved drives throughout.
FreeUp Storage Devonshire
Investment Highlights
- 272,743 Population; 98,510 Households; $83,544 Average HH Income within Five Miles
- Surrounded by dense residential housing with a Walmart within one mile of the subject.
- At just 70 percent occupancy, the subject is well below the market average creating a substantial opportunity to increase revenue.
Exclusively Listed By
Listing Price: $4,700,000
Cap Rate
4.46%
Number of Units
280
Occupancy
30.3%
Gross SF
28,230
Rentable SF
28,230
Price/Rentable SF
$166.49
Year Built
1985
Investment Highlights
- 272,743 Population; 98,510 Households; $83,544 Average HH Income within Five Miles
- Surrounded by dense residential housing with a Walmart within one mile of the subject.
- At just 70 percent occupancy, the subject is well below the market average creating a substantial opportunity to increase revenue.
Investment Overview
Building layout consists of three single-story buildings made up of 280 non-climate controlled units totaling 28,230 NRSF. Concrete block exteriors with flat metal roofs surrounded by wooden and chain-link fencing. Roll-up doors and paved drives throughout.
Exclusively Listed By
