For Sale – 9940 E Costilla Ave

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Sale Price: $7,250,000 ($126.19/SF)

Property Features:


9940 E Costilla Ave is a prime investment opportunity located near the thriving Denver tech center in Centennial, Colorado. Surrounding demographics are phenomenal, and the property manager has been on site for 17 years. Owning this 35 unit flex/164 unit mini storage unit property is a great opportunity for a passive or active investor.

  • 35 Units Flex
  • 164 Units Mini Storage
  • $346,184 NOI Trailing 12M
  • 6.31% Proforma Cap Rate
  • 6.02% Actual Cap Rate
  • 3.91 Acres
  • $0.78/SF/MO Avg. Mini Storage Rates

 

Property/Area Details:


  • Rentable SF: 57,452 SF
  • Buildings: 4 Total
  • Lot: 170,320 SF (3.91 AC)
  • Parking: 10 Off-Street Spaces
  • YOC: 1986
  • 2017 Taxes: $120,406.79 ($2.00/SF/YR)

 

 

 

9940 E Costilla Ave

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