Case Study

CubeSmart (Managed) Colorado Springs, CO

Created with Fabric.js 1.7.22

Seller Profile

Regional Developer
Created with Fabric.js 1.7.22

Buyer Profile

Private Equity Firm
Created with Fabric.js 1.7.22

Property Profile

Class A Asset with New Construction (2021 built) in the heart of Colorado Springs, Colorado

The Story

  • The sellers developed this property in a high population growth area of Colorado Springs
  • The asset lease-up with a high velocity due to the increase in multi-family homes in the immediate trade area
  • Sellers identified this location as planning for new residential came through the Colorado Springs pipeline
  • The Property had an expansion planned which the purchasers are developing with the help of the seller
  • The SkyView experts received over 10 competitive offers on the asset
  • The opportunity garnered attention from the largest REITS and Private Equity firms
  • Self Storage in this area was under supplied and this 100,000+ NRSF facility caters to the strong demand from the surrounding population

 

Value Creation

With an extremely competitive bidding process, the sellers were able to achieve optimal pricing on the Class A property. “The SkyView team was very organized and very thorough. They kept us informed through the entire process and also kept the process moving along at a steady pace. We were very satisfied with the entire process.” – Brian Schumann | Former Owner | CubeSmart (Managed) Colorado Springs

Discuss the Market With Us

Engage With Us

100% of our firm’s time, effort, and energy are devoted to you and your goals as a seller. We guarantee that we will generate the highest price and best terms for your property that the market will bear at that moment in time.

I'm Ready to Sell My Property

What's My Property Worth?