1902 Ave C offers a diversified, income-producing investment with immediate cash flow and clear upside. The ±5-acre property includes a self-storage facility, two fully leased warehouses, and a rented single-family residence, providing stable in-place income with multiple value-add opportunities.
The self-storage component consists of 300 units situated on approximately 2.5 acres and is currently ~60% occupied, creating a straightforward path to increased NOI through lease-up. Additional expansion of storage units is possible on the remaining land, subject to buyer plans and approvals.
The balance of the site includes two fully leased warehouse buildings and a single-family home on the remaining 2.5 acres, contributing to strong day-one income. The property delivers an 8% cap rate as-is and is split-zoned Light Industrial (LI) and Mixed Use (MU). Located in the county of Cheyenne while utilizing City of Cheyenne South Side water and sewer, the site offers flexibility for continued operations or future development.