865 W Moreno Ave - Specialty FOR SALE


Colorado Springs, CO 80905- West Colorado Springs
$3,500,000 USD
720-909-8601
865 W Moreno Ave, Colorado Springs, CO for Sale
$3,500,000 USD
Specialty - FOR SALE
1/4
null | Request Cap Rate

865 W Moreno Ave
Colorado Springs, CO 80905
West Colorado Springs


HIGHLIGHTS

  • Locally operated self-storage property with significant upside
  • Strong in-place occupancy and cash flow
  • Traditional drive-up product
  • High growth Colorado Springs market

OVERVIEW

Call for Offers - Due November 11, 2025 The 8th Street Storage opportunity offers investors the opportunity to acquire a well-located, cash-flowing self-storage asset in the heart of Colorado Springs, Colorado. The facility totals 37,120 rentable square feet across 262 drive-up storage units and 21 outdoor parking spaces, providing tenants convenient, ground-level access that continues to drive strong demand across the mar¬ket. Currently operating at approximately 92% physical occupancy, the property delivers steady income with immediate upside through improved revenue management, expense controls, and professional third-party oversight. This mom-and-pop operated facility presents a classic value-add opportunity, where a new owner can implement existing cus¬tomer rate increases, streamline operations, and align rental rates with nearby competitors to unlock meaningful NOI growth. Located just off 8th Street in a dense and growing submarket surrounded by established neighborhoods and limited new supply, 8th Street Storage is positioned to benefit from Colorado Springs’ continued population and income expansion. This offering rep¬resents an ideal acquisition for investors seeking durable cash flow, operational upside, and long-term value appreciation in one of Colorado’s most dynamic secondary markets.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$94 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8th Street Storage

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Self Storage

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.2 AC

LAND SF

95,832 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Cole CarosellaArgus Self Storage AdvisorsMore Info
720-909-8601

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Cole CarosellaArgus Self Storage AdvisorsMore Info
720-909-8601

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