3335 Landmark Lane, Colorado Springs, CO 80910 For Sale

Executive Summary

Landmark Self Storage is a 46,400 SF institutional-quality self-storage facility offering 327 non-climate-controlled and 52 climate-controlled units, strategically positioned on a hard corner with direct frontage on HWY-24 (44,000+ VPD) in Colorado Springs, CO. The 3-mile trade area supports a population of 121,361 with an average household income of approximately $70,000. The Southeast Colorado Springs corridor continues to benefit from new residential development and steady tenant demand.

The Opportunity

The facility was developed in two phases (2009 and 2022) as a defensive position to the owner's adjacent multifamily project, not as a core business. As a result, operations have been severely neglected: management is shared with the owner's multifamily portfolio, staff has limited storage-specific expertise, and the property lacks a dedicated website. The facility relies on StorageCafe as its primary leasing channel, with no meaningful SEO presence, no institutional revenue management program, and an unreliable call-answering and prospect follow-up system. Software infrastructure is outdated, limiting the owner's ability to optimize rates or manage tenant relationships effectively.

Value-Add Strategy

A qualified operator can drive meaningful performance improvement through the following initiatives:

• Platform upgrade: Implement institutional-grade property management software to optimize operations, rate management, and tenant experience

• Digital presence: Launch a facility-specific website with SEO to capture organic demand and improve lead conversion

• Revenue management: Align street rates to market and deploy a structured ECRI program

• Lead capture: Engage a professional call center to improve prospect conversion

• Ancillary revenue: Introduce tenant insurance and additional revenue streams

Investment Thesis

Landmark Storage represents a compelling opportunity to acquire a Class B+/A- asset at replacement cost. The facility's operational deficiencies are entirely correctable, presenting a clear path to significant lease-up and revenue growth under competent management.

All site visits must be scheduled in advance through agent.