696 E Center St - Self-Storage Facilities FOR SALE


Monticello, UT 84535
$232,000 USD
702-643-1000
696 E Center St, Monticello, UT for Sale
$232,000 USD
Self-Storage Facilities - FOR SALE
1/4
null | Request Cap Rate

696 E Center St
Monticello, UT 84535


HIGHLIGHTS

  • Additional Income Stream: Existing cell tower lease provides recurring ancillary revenue.
  • Established Market Position: Well-performing self-storage facility serving Monticello and the surrounding Four Corners region.
  • Revenue Growth Opportunity: Potential to increase NOI through professional revenue management and strategic rental rate adjustments.
  • Limited Competition: Supply-constrained rural market with high occupancy supporting long-term demand fundamentals.
  • Below Replacement Cost: Acquire an established, income-producing facility at a cost that is difficult to replicate through new development.
  • Can be purchased as a portfolio with the A-1 Self Storage property in Blanding, UT

OVERVIEW

A-1 Self Storage presents an exceptional opportunity to acquire a high-performing, stabilized self-storage facility in the heart of southeastern Utah. Operating at 98% occupancy, the property offers immediate cash flow backed by strong local demand and a well-established customer base. Currently owner managed, the facility provides a clear path for a new owner to unlock additional value through professional revenue management, strategic rental rate optimization, and modest capital improvements, including enhancing the gravel surfaces. Investors will also benefit from an established cell tower lease that provides recurring ancillary income, creating a diversified revenue stream alongside the property's self-storage operations. With limited self-storage competition in the market and a cost basis well below replacement cost, A-1 Self Storage offers an attractive combination of stability and upside. Located in Monticello, Utah, the county seat of San Juan County, the property serves a broad customer base that extends beyond the city's population. The region is supported by a diverse mix of government employment, healthcare, agriculture, construction, and year-round tourism driven by nearby destinations such as Canyonlands National Park, Bears Ears National Monument, the Manti-La Sal National Forest, and the Four Corners region. Residents, contractors, ranchers, outdoor recreation enthusiasts, and seasonal travelers all contribute to consistent storage demand. This combination of strong operating fundamentals, limited new supply, and identifiable value-add opportunities makes A-1 Self Storage an ideal acquisition for local owners and regional operators seeking a durable investment with long-term growth potential.

FOR SALE DETAILS

PRICE

$232,000 USD

PRICE/SF

$19 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

A-1 Self Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

MX-S

APN/PARCEL ID

A33240312412

ASK ABOUT THIS PROPERTY

Jeffery GordenThe Gorden GroupMore Info
702-643-1000

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Jeffery GordenThe Gorden GroupMore Info
702-643-1000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.