7101 W 117th Ave - Broomfield Storage
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7101 W 117th Ave - Broomfield Storage
15,296 SF Specialty Building Offered at $2,550,000 in Broomfield, CO 80020
Executive Summary
We purchased this August 2023 and have put hundreds of thousands of dollars in CAPEX including but not limited to: New pavement, seal coat, new computer, new open tech gate hardware/keypads and software, all new led lighting, new website, new roof on one of the buildings, all new paint in office, and all doors, trim and entire buildings, new door unit tags and much much more. When we purchased it we had actual T12 of 11.8k per month in gross revenue and we run Sitelink mngt software. Our total monthly expenses all in including, payroll, mngt fee, utilities, property insurance and property tax etc. are $8800 per month. We have been granted a special use permit by the city of Broomfield to allow Penske truck rentals and our T12 average revenue (as truck rentals of course are highest in summer) With May/June/July/August and sept being between $23-$34k each month . Over the last 4 months June-Sept 2024 (reports attached) Gross revenue was $114,770.91 with expenses of $8800 per month with NOI per month average of $19,892. I am attaching the OM brochure which also includes our K and K Storage listing for sale in Greeley CO but we are accepting offers on them individually as well. Revenue has been steadily climbing and plenty of room to increase further as occupancy is currently at 74%. Please feel free to contact our broker with Skyviewadvisors David Smith at 540-931-1308 or email DSmith@skyviewadvisors.com
https://skyviewadvisors.com/property/broomfield-self-storage/
https://skyviewadvisors.com/property/broomfield-self-storage/
Property Facts
| Price | $2,550,000 | Lot Size | 0.94 AC |
| Price Per SF | $167 | Building Size | 15,296 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1977 |
| Property Subtype | Self-Storage | Parking Ratio | 1.6/1,000 SF |
| Building Class | C |
| Price | $2,550,000 |
| Price Per SF | $167 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 0.94 AC |
| Building Size | 15,296 SF |
| No. Stories | 1 |
| Year Built | 1977 |
| Parking Ratio | 1.6/1,000 SF |
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PROPERTY TAXES
| Parcel Number | 1717-02-1-14-001 | Improvements Assessment | $78,820 |
| Land Assessment | $166,650 | Total Assessment | $245,470 |
PROPERTY TAXES
Parcel Number
1717-02-1-14-001
Land Assessment
$166,650
Improvements Assessment
$78,820
Total Assessment
$245,470
zoning
| Zoning Code | I-2, Broomfield |
| I-2, Broomfield |
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7101 W 117th Ave - Broomfield Storage
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