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400 County Road 982 - Lakeview RV & Boat Storage 50,350 SF Specialty Building Offered at $2,750,000 at a 5.69% Cap Rate in Arboles, CO 81121



Investment Highlights
- Excellent location near Navajo Reservoir between Durango and Pagosa Springs, Colorado
- Limited Onsite Management Requirements
- High Occupancy Rate
Executive Summary
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,750,000 | Property Subtype | Self-Storage |
| Price Per SF | $54.62 | Building Class | C |
| Sale Type | Investment | Lot Size | 3.60 AC |
| Cap Rate | 5.69% | Building Size | 50,350 SF |
| Sale Condition | Business Value Included | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2008 |
| Zoning | COMMERCIAL - Commercial | ||
| Price | $2,750,000 |
| Price Per SF | $54.62 |
| Sale Type | Investment |
| Cap Rate | 5.69% |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 3.60 AC |
| Building Size | 50,350 SF |
| No. Stories | 1 |
| Year Built | 2008 |
| Zoning | COMMERCIAL - Commercial |
About 400 COUNTY ROAD 982 , ARBOLES, CO 81121
LAKEVIEW STORAGE | ESTABLISHED SELF-STORAGE & BOAT/RV STORAGE INVESTMENT Exceptional opportunity to acquire Lakeview Boat & RV Storage, an established self-storage and boat/RV storage facility serving the Navajo Reservoir recreation market in Southwest Colorado. The facility has a long-standing customer base and a proven operating history, making it an attractive investment opportunity. Strategically located in Arboles, Colorado, the facility is approximately one mile from Navajo State Park, the public boat ramp, RV park, and the recreational amenities surrounding Navajo Reservoir. The property's proximity to the lake provides convenient storage for boat owners seeking quick access to the water and contributes to continued demand for boat and RV storage. Situated on approximately 3.6 fenced acres, the property consists of 148 storage units totaling approximately 50,350 square feet of enclosed storage space. Improvements were constructed between 1992 and 2022 and feature durable steel I-beam commercial construction designed for long-term performance and low maintenance. The facility has maintained a strong year-round occupancy history and serves local residents as well as seasonal visitors from Durango, Pagosa Springs, and the surrounding Four Corners region. Current storage inventory and monthly rental rates include: • 40 Boat/RV Units – 12' x 35'Gravel Floor — $150/month • 70 Boat/RV Units – 11' x 30' Gravel Floor — $135/month • 13 Mini-Storage Units – 10' x 30'Concrete Floor — $110/month • 16 Mini-Storage Units – 10' x 25' Concrete Floor — $95/month • 6 Mini-Storage Units – 10' x30' Gravel Floor — $75/month • 3 Mini-Storage Units – 10' x 25' Gravel Floor — $70/month • 12 Outdoor Storage Spaces —$35/month The facility is designed for efficient operation with limited onsite management requirements, making it suitable for both local and absentee ownership. Its established operating history, diverse unit mix, strong occupancy, and location near one of Colorado's premier boating destinations position Lakeview Storage as a well-maintained commercial asset with income-producing potential. Conveniently located between Durango and Pagosa Springs, Lakeview Storage benefits from demand generated by area residents, outdoor recreation enthusiasts, and visitors to Navajo Reservoir.
Property Taxes
| Parcel Number | 616117101017 | Total Assessment | $249,420 |
| Land Assessment | $35,150 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $214,270 | Tax Year | 2025 Payable 2025 |
Property Taxes
Presented by
Mary Rigby
400 County Road 982 - Lakeview RV & Boat Storage
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