Cap Rate
7.5%
$ per SF
$100
Tot. SF
28,755
1628 Cedar Ave, Cañon City, CO, 81212
Canon Secure Storage$2,880,000
Key Information
Lot Size
2.16 Acres
Units
262
Year Built
1984
Type
Self Storage
Occupancy
96%
NOI
$215,405
Highlights
- Stabilized Asset with Day-One Cash Flow
- Offering immediate cash flow potential for investors.
- ±96% Physical Occupancy
- Demonstrates strong local demand and consistent tenant activity.
- Secure, Fully Enclosed Facility
- Equipped with an automatic gated entry, providing tenants with both enhanced security and convenient access.
- Limited Local Competition
- No known self-storage developments within a 30+ mile radius.
- Strategic Regional Location
- Positioned approximately 40 miles from both Pueblo and Colorado Springs, while also serving as a corridor to several affluent mountain communities.
- Excellent Visibility & Accessibility
- Located directly off Highway 115 / Cedar Ave, a major thoroughfare connecting the east and west sides of town.
- Great Online Reviews
- This facility has more than 100 5-star reviews on Google, showing a strong consumer sentiment for this business in the local community.
Photos
Location
Agents
Broker of Record
Brayden Conner
License # EC.100099522, ER.100106933 (CO)Matthews Real Estate Investment Services, Inc1600 West End Ave, Ste. 1500 Nashville, TN 37203