Colorado Self Storage
Montrose, CO
Executive Summary
CBRE’s Self Storage Advisory Group proudly presents Colorado Self Storage, a traditional self storage facility located in the Montrose, CO MISA. The property features 375 units distributed across 59,415 net rentable square feet of ground level drive up and interior climate controlled storage space along with covered parking.
Investors will find Colorado Self Storage an exceptional opportunity due to the strategic location with nine ski resorts within a two-hour drive of the facility which significantly boost the local economy. These resorts which include Telluride, Crested Butte, Powderhorn, Monarch Mountain and Purgatory Resort attract more than a combined 1.35 million visitors annually, with Telluride alone drawing over 500,000 skiers each year. Over the past decade, the popularity of these resorts has steadily increased, contributing to a thriving tourism industry and enhancing the overall economic vitality of the Montrose area. Montrose boasts a low unemployment rate of 2.9% and projected job growth of 55.9% over the next decade, indicating a robust economic outlook.
The facility is conveniently located near major points of interest such as the Montrose Regional Airport (which is a full-service airport that offers flights daily to Denver and in the winter to Los Angeles due to its proximity to 9 ski resorts) and the vibrant downtown area, which attract both residents and visitors. Additionally, significant employers like Montrose Memorial Hospital and educational institutions such as Colorado Mesa University - Montrose provide a stable economic base within a mile of the property. Future developments, including the Flex Park at Colorado Outdoors and the West Side Arterial Project, promise to enhance infrastructure and accessibility, further boosting the area’s attractiveness. These factors collectively make this investment a promising venture with significant growth potential.
Investment Highlights
Team
Brokerage Team
CBRE Self Storage Advisory Group provides personalized and tailored services, backed by the nation’s foremost experience and technology, driving successful real estate outcomes for individual and institution investors alike. As the industry leader in self-storage advisory, we bring unmatched buyer exposure and market knowledge to each transaction, delivering maximum value to clients.
With more than $6.5 billion in consideration and over 45 million square feet sold since 2009, this self storage team led by Nick Walker offers customized investment sales, acquisition and recapitalization services, together with industry-leading market intelligence, to provide unmatched exposure to buyers across the country. By leveraging the strength of CBRE’s Self Storage Advisory Group, in conjunction with market research, a seamless execution process and long-standing relationships, the team can anticipate trends and command capital globally, validating CBRE’s Self Storage Advisory Group as the safest and best choice for results in the global investment property capital market.
