Compare Listings

Self Storage and RV Storage – Black Canyon City, Arizona

34601 Old Black Canyon Hwy, Black Canyon City, AZ 85324, USA

Description

Read more about this closed sale here.

General Description

The investment opportunity is an income producing self storage which is leased to a mix of household, commercial and RV storage tenants. The improvements consist of six self storage buildings, with one office and residence.  Construction is steel and block (perimeter walls) on concrete foundations with one inch raised interiors. Interior partitions are steel in the newer phase and drywall over frame in the older. Buildings have steel roof in the newer phase and rolled asphalt roofs in the older. Drive aisles are asphalt and gravel. There are multiple access points with keypad/sensor controlled entry gates. Visibility is excellent with frontage on high traveled Old Black Canyon Highway. This property is located just off of Interstate 17 north of Phoenix and is well positioned for substantial increases in revenue, cash flow and investment value over time.

Market Overview

Black Canyon City is located in southern Yavapai County and is approximately 47 miles north of Phoenix. Included in the southern part of Black Canyon City is the community of Rock Springs. It is served by Interstate 17 which bisects the City. Interstate  17 is the main north south freeway between Phoenix and Flagstaff. The Agua Fria river runs right through the center of Black Canyon City and the river empties into Lake Pleasant to the southwest. Black Canyon City is a bedroom exurb of Phoenix with the continued rapid growth of Phoenix northward. The assessed value of Black Canyon City property more than doubled between 2000 and 2007.

×
Deal Distribution