Life Storage (Managed)

Investment Summary

  • Very Strong Population Growth of 3.59 Percent in the One-Mile Radius from 2019-2020
  • Superior Visibility and Access Right off I-40 With Over 130,250 VPD
  • Incredible Opportunity to Lease-Up a Class A Facility
  • Ability to Drastically Increase Rental Rates by 65 Percent to Reach Market Levels
  • Top Two Floors Will Be Built Out Prior To Closing
  • Significant Physical Occupancy Growth of 15 Percent in the Past Three Months With Great Leasing Momentum
  • Nearby A+ Storage Will Be Demolished and Become the Site of Gulch Tower, a 574-Unit Multifamily Project
  • Proximity To Several Rapidly-Growing Neighborhoods

Net Rentable Square Feet
58,229 NRSF
Unit Count
Year Built

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