$1,000,000
Kremmling, CO 80459
MLS# 21-1772
Status: Closed
10000 sqft

1 / 8
Property Description
Very profitable mini storage location in Kremmling. Immediate access off Hwy 40 (Park Ave). Managed locally. Currently 96% occupied. Immediate upside/value-add available with increased rents to match neighboring storage facilities. Immediate Cap Rate increase of at least 2% with market rents. Please review attached Proforma.
Details
Maps
Documents
Contract Information
Property Subtype: Single Family Residence
Transaction Type: Income Commercial
Lease Amount: 0
Lease Term: None
Percent Ownership: Full
Reservations: Not Applicable
1st Right of Refusal: No
List Price Per SqFt: 0
Current Price: $1,000,000
Status: Closed
Begin Date: 2021-12-05
Sold Date: 2021-12-30
Sold Price: $1,000,000
Under Contract Date: 2021-12-18
Location, Legal and Taxes
Parcel Number: 144108400012
Association Y/N: No
Taxes: 11911
Tax Schedule #: R002510
Legal: Subd: METES & BOUNDS 80 ALL 1.20AC TR IN SE4SE4 SEC 8 T1N R80 DESC B/188 P/458
FIRPTA (Foreign Investment in Real Property Act): No
Common Road Name: Park Avenue - US Hwy 40
General Property Description
Realtor.COM Type: Commercial
Main SqFt: 10000
Total SqFt: 10000
Finished SqFt: 0
Year Built Remarks: 2010 - 2019
Lot Size: 1.02
Acres: 1.02
Garage Type: None
Garage Stalls: 51
Year Built: 2019
Lease Type
None: 1
Miscellaneous
Minimum Earnest $: 35000
Possession: Immediate/DOD
Sales Transfer Tax: No
Sewer Source
Community: n/a
Public: n/a
Construction
Metal Siding: 1
Location Legal and Taxes
Area: Kremmling Area
House Number: 1655
Street Name: Park Ave / US Hwy 40
County: Grand
State/Province: CO
Postal Code: 80459
Tax Year: 2021
Subdivision: KREMMLING
Property Features
Lease Type: None
Construction: Metal Siding
Listing Office: Sanderson Commercial Real Estate
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.
KMS Proforma