Value-Add Investment Opportunity in Ignacio, Colorado! This 86-unit self-storage facility with an attached self-service 2 bay car wash offers investors the chance to acquire an established mini-storage facility with significant upside potential. Currently operating below its full income-producing capacity, the property presents opportunities to increase revenue through facility updates, improved management practices, enhanced marketing efforts, and strategic rental rate adjustments. The combination of storage units and ancillary car wash income provides multiple revenue streams and diversification within a single investment. Conveniently located with excellent accessibility and visibility, this property is well-positioned to capitalize on continued demand for self-storage services in the Ignacio and greater La Plata County market. An ideal opportunity for investors seeking a value-add asset with the potential to increase occupancy, improve cash flow, and build long-term equity. Call today for more information.
| MLS # | 836475 |
|---|---|
| Listing Type | For Sale |
| Style | Warehouse |
| Building Name | Pine River Mini Storage |
| Sub-Type | Resale |
| Status | Active |
| Year | 1984 |
| Days On Site | 58 |
| Listing Provided By | Bayfield Realty | Isaac Fleener |
| SQ Feet | 13,200 |
|---|---|
| Story(s) | 1 |
| Units | 86 |
| Zoning | Other |
| Acreage | 0.79 |
| Furnished | Unfurnished |
|---|
| Roof | Metal |
|---|---|
| Construction Materials | Block |
| Foundation Details | Concrete Perimeter |
| Lot Features | Corner Lot |
| Utilities | Electricity Connected, Natural Gas Available, Sewer Available |
|---|
| List Aor | Durango Area Association Of Realtors |
|---|
| State | CO |
|---|---|
| County | La Plata |
| City | Ignacio |
| Zip Code | 81137 |
| Area | Ignacio In Town |
| Community Name | Aspaas 1st |
| Listing VS Median (in Aspaas 1st) | |
Price: $650,000 low | high Med: $650,000 sqft: 13,200 low | high Med: 13,200 $ / sqft: $49 low | high Med: $49 On site: 58 low | high Med: 58 | |
| State | CO |
|---|---|
| County | La Plata |
| City | Ignacio |
| Zip Code | 81137 |
| Area | Ignacio In Town |
| Community Name | Aspaas 1st |
| Listing VS Median (in Aspaas 1st) | |
Price: $650,000 low | high Med: $650,000 sqft: 13,200 low | high Med: 13,200 $ / sqft: $49 low | high Med: $49 On site: 58 low | high Med: 58 | |