Located in the heart of Panguitch, Utah, this property offers a prime investment opportunity in an area surrounded by natural beauty and recreational attractions. Panguitch is renowned for its proximity to outdoor activities such as boating, fishing, and hiking at the stunning Panguitch Lake, as well as nearby attractions like Bryce Canyon National Park and the Dixie National Forest. With its unique combination of natural charm and recreational opportunities, this area appeals to investors seeking a property in a prime location for outdoor enthusiasts and adventure-seekers.Discover a rare investment gem in the breathtaking Panguitch Lake region of Utah, where natural splendor meets robust economic potential. This premier self-storage facility, featuring 60 versatile mixed-use units, is strategically positioned to capitalize on surging demand for secure storage in a high-growth recreational and residential hub. Enhanced by 1,000 SF onsite manager's living quarters, two car wash bays, and two dog wash bays, this property offers multiple revenue streams for maximized returns.
In lease up at a 38% occupancy, this asset is primed for significant value creation through strategic leasing and operational enhancements. With Panguitch Lake’s thriving tourism and population growth, this facility is poised to deliver exceptional cash flow and long-term appreciation for discerning investors.
Investment Highlights:
Unmatched Location: Nestled in Panguitch Lake, a year-round destination for outdoor enthusiasts, ensuring steady demand from residents, visitors, and businesses.
Diversified Revenue: 60 flexible units, plus car and dog wash bays, cater to diverse needs, boosting income potential.
Significant Upside: In lease up at a 38% occupancy offers a clear path to increase occupancy rate and drive substantial returns in a dynamic market.
Low-Maintenance Asset: Self-storage, paired with onsite management, provides stable, high-yield performance with minimal operational demands.
Value-Add Features: Onsite 1,000 SF living quarters and unique amenities enhance operational efficiency and profitability.
This Panguitch Lake self-storage facility represents an unparalleled opportunity for high-net-worth investors seeking a high-yield, resilient asset with clear growth prospects. Secure your position in this exclusive market and elevate your portfolio with a property designed for success.
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Highlights
2 Car Wash Bays & 2 Dog Wash Bays
60 various sized available - Ideal for Boat, RV, and ATV storage
The space currently listed for sale at Panguitch Lake Self Storage asks for $1,900,000.
What is the total square footage of Panguitch Lake Self Storage?
Panguitch Lake Self Storage totals 17,622 square feet.
When was this property built?
Panguitch Lake Self Storage was built in 2022.
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