Self Storage – Bisbee, Arizona

Read more about this closed sale here.

General Description

The investment opportunity is an income producing self storage and is leased to a mix of household and commercial storage tenants. The improvements are three buildings totaling approximately 8,648 rentable square feet. There are 91 units of drive up storage, zero units of climate controlled storage and an undetermined of number parking spaces for storage of vehicles. Construction is concrete block with frame and sheet rock interior partitions on a concrete foundation. The roof is of a pitched design with both metal and asphalt shingle on different buildings. Doors are a mix of steel man doors and metal roll up doors. Drive aisles are gravel. Access controls are composed of chain-link fencing with a padlock controlled gate.

 Market Overview

Bisbee Mini Storage, is located in Bisbee, Arizona; a community known for its rich mining history, tourism, and hosting the County Seat for Cochise County since 1929. Total population with 1, 3 and 5 miles is 1,817, 4,492 and 7,622 respectively. Average household income within the 3-mile ring is $48,011. The top three employers in Cochise County are the US Army Intelligence Center at Ft. Huachuca, Cochise County, and the Sierra Vista School District. The property’ s location benefits from exceptional visibility on Highway 92 and limited competition. Traffic counts in front of the property average 5,252 vehicles per day.

The Bisbee of today is a well-known artist’s community whose architectural and historic heritage has been preserved. Located at the center of the natural and historic beauty of Cochise County, the city has transformed itself into the ideal spot for tourism. These benefits combined with “the most perfect year round climate” make it an attractive place to visit and a great place to call home.