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235 N 200 E - Safe Harbor Self Storage Investment 45,920 SF Specialty Building Offered at $1,600,000 at a 18.22% Cap Rate in Laketown, UT 84038
Investment Highlights
- New-build 81-unit self-storage facility
- Total space is 45,920 SF (560 SF units)
- Three phases to development, Low expense ratio storage
- All permits in place
- 14' door heights, Units sized at 14'x40'
- High-end boat storage, Waiting list for units this size, First storage into Bear Lake from Wyoming
Executive Summary
- New-build 81-unit self storage facility
- All permits in place
- Total space is 45,920 SF (560 SF units)
- 14' door heights
- Three phases to development
- Waiting list for units this size
- Low expense ratio storage
- First storage into Bear Lake from Wyoming
- Units sized at 14'x40'
- High-end boat storage
- All permits in place
- Total space is 45,920 SF (560 SF units)
- 14' door heights
- Three phases to development
- Waiting list for units this size
- Low expense ratio storage
- First storage into Bear Lake from Wyoming
- Units sized at 14'x40'
- High-end boat storage
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $1,600,000 | Building Class | B |
| Price Per SF | $34.84 | Lot Size | 3.10 AC |
| Sale Type | Investment | Construction Status | Proposed |
| Cap Rate | 18.22% | Building Size | 45,920 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Self-Storage | Year Built | 2027 |
| Zoning | C - Commercial Residential Buffer Zone | ||
| Price | $1,600,000 |
| Price Per SF | $34.84 |
| Sale Type | Investment |
| Cap Rate | 18.22% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 3.10 AC |
| Construction Status | Proposed |
| Building Size | 45,920 SF |
| No. Stories | 1 |
| Year Built | 2027 |
| Zoning | C - Commercial Residential Buffer Zone |
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Property Taxes
| Parcel Number | 37-31-000-0201 | Improvements Assessment | $14,055 |
| Land Assessment | $351,009 | Total Assessment | $365,064 |
Property Taxes
Parcel Number
37-31-000-0201
Land Assessment
$351,009
Improvements Assessment
$14,055
Total Assessment
$365,064
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235 N 200 E - Safe Harbor Self Storage Investment
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