Listed by Marcus & Millichap - Palo Alto, Marcus & Millichap - Columbus
$4,000,000
Coolidge RV Storage
Details
Property Type Self Storage
Square Footage 20,878
Units 135
NOI $38,711
Occupancy 54%
Pro-Forma NOI $100
Price per SqFt $191
Year Built 2023
Acreage 2.450
Sale Condition N/A
Phoenix, Arizona MSA Recently-Built Self-Storage & RV Parking Offering
Marketing description
Marcus & Millichap is pleased to offer for sale Coolidge RV Storage located in Coolidge, Arizona. This facility is about 45 miles Southeast of Phoenix and features 65 non-climate-controlled units, one storage container, 45 uncovered outdoor parking spaces, 23 covered parking spaces, and one fully enclosed garage with optional climate control totaling 20,878 net rentable square feet. The site sees over 19,000 cars per day and the area has seen massive growth over the past decade.
Investment highlights
- Phoenix, Arizona MSA Recently-Built Self-Storage & RV Parking Offering
- Located Approximately 45 Miles Southeast of Downtown Phoenix in the Rapidly Growing Suburb of Coolidge, Arizona
- 20,878 Net Rentable Square Feet
- 65 Non-Climate Controlled Drive-Up Self-Storage Units, One Storage Container, 45 Uncovered Outdoor Parking Spaces, 23 Covered Parking Spaces, and One Fully Enclosed Two-Car Garage with Optional Climate-Control
- Excellent Visibility for ~19,385 Vehicles Every Day Along South Arizona Boulevard (AZ-287/AZ-87)
- Rapidly Growing Surrounding Population: Population Within a Five-Mile Radius has Grown by Nearly 46% Since 2010 and is Projected to Grow an Additional 14.3% in the Next Five Years
Listing Contacts
Listed by Marcus & Millichap - Palo Alto, Marcus & Millichap - Columbus
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$38,711.00
$3,225.92/mo
Valuation Metrics
0
DSCR
0.97%
Cap Rate
0.97%
ROI
Map
Zoning
C-3 CommercialSpecial CommercialGeneral Services
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