investment highlights
- DESIRABLE COLORADO MOUNTAIN TOURIST TOWN // Estes Park is the gateway to nearby Rocky Mountain National Park with its 4,100,000 annual visitors. Restrictive local land use code hinders new self-storage development.
- HIGH INCOME AREA // Average three-mile household income is $114,000.
- HIGH OCCUPANCY MARKET // Nearby competitors are either sold out or had very few units available.
- REMOTE MANAGEMENT SUCCESSFUL HISTORY // Current owners have remotely managed the property using a website, phone number, and onsite kiosk for the past nine years.
- WELL MAINTAINED FACILITY // The facility shows well including the asphalt drive aisles, exterior building walls, perimeter fence, front access gate, and kiosk room.
- MAY 2025 RENT INCREASE // Pro Forma End of Year 1 Rental Income captures a 6.45 percent existing tenant rent increase that the seller is implementing May, 2025 translating into $21,012 anticipated additional annual revenue.
property summary
IN Self Storage – Estes Park is a 182 unit, 20,751 net rentable square foot self-storage facility located in Estes Park, Colorado. The property sits on around 1.88 acres of land, was initially constructed in 1978 and subsequently expanded in 1991. It contains eight single-story self- storage buildings with 149 non-climate controlled drive-up units and five outside parking units.
IN Self Storage – Estes Park has many amenities including a perimeter fence, electronic gated entry with a digital keypad at both the entrance (outside the fence) and the exit (inside the fence), a leasing room with a kiosk and computer screen, security camera surveillance throughout the facility, asphalt driveways, and metal roll-up doors throughout.
The facility is centrally located in Estes Park with a drive entrance on Woodstock Drive. Tourism is a major local economic driver with the nearby Rocky Mountain National Park receiving 4,100,000 annual visitors. The year round population of Estes Park is 6,000 but increases to 30,000 during the summer months.