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Self Storage on 40 Acres – Vernon, Arizona

US-60, Vernon, AZ 85940, USA

Description

Read more about this closed sale here.

Highlights:

  • Well Maintained Self Storage Facility with Excellent Highway Frontage
  • Self Storage Located on Just under 10 Acres
  • Additional 30 Acres mol Included in Sale Price – With Frontage!
  • Positive Occupancy Trends and Development Opportunity!
  • Just East of the Commercial and Tourism Hub of Eastern Arizona.

General Description

The investment opportunity is an income producing self storage which is leased to a mix of household and commercial storage tenants.

The improvements consist of six self storage buildings and two residences. The office is contained as a separate space within one of the residences. The property also has spaces for outside storage of RVs and boats. This offering included available land on the property for expansion.

The self storage units are steel construction on concrete foundations. All interior partitions are steel. All buildings have pitched metal roofs with steel doors. Drive aisles are gravel. There is one access point with a gate controlled entry and exit.

All storage and residences are located on one 9.88 acre parcel. The property conveyed with an additional 29.59 Acres comprised of two parcels. One additional 9.88 acre parcel with frontage on US 60 and one 19.71 acre parcel contiguous and to the rear.

The property has excellent visibility with frontage on high traveled US 60 and is well positioned for substantial increases in revenue, cash flow and investment value over time.

Market Overview

Vernon is located just east of Show Low, Arizona in Apache County.

Apache County is unique among all counties in the United States in many ways. Particularly because it is the longest county in the country, 211 miles from the Utah border to just south of Alpine. Two-thirds of the population, and over one-half of the land area is comprised of the Navajo Nation, the largest Native American tribe.

It is a county of great variety, starting from the blue spruce and aspen covered mountains near Alpine and Nutrioso, to the Greer Valley with the clear, cold waters of the Little Colorado River flowing northward to Round Valley and St. Johns. The Navajo Nation begins near Sanders and is a world apart. It is a country of long, pinon covered mesas, red sandstone cliffs, huge open valleys and hidden canyons. The main population centers are Window Rock and Fort Defiance in the South, Ganado in the center and Chinle in the north, with many small towns in between.

Apache County is growing. Its current population is 70,000. With the new Units three and four being constructed at the Springer-ville Generating Station, new permanent jobs are being created along with all of the required support services needed for an expanding population in the surrounding communities. Land values are increasing as a result of many new subdivisions being approved and the desire for rural property and second homes by those living in the more metropolitan parts of the state.

The County is being discovered as a place rich in culture with many varied scenic and recreational opportunities. Apache County is becoming more and more important as a travel destination in the State of Arizona. We welcome you and hope you use this site to gain useful information.

Floor plans

Jeff Gorden

  • Size: 6027785134
  • Rooms: 480.620.0620
  • Baths: 866.255.7420
  • Price:

Seth Hodges

  • Size: 6027785110
  • Rooms: 480.370.4504
  • Baths: 866.255.7420
  • Price:

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