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
735
Year Built
2018

Share This Property

Use the buttons below to share this property.

Share on facebook
Share on twitter
Share on linkedin
Share on email