AAA Safe N Sound Storage

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Deal Highlights

AAA Safe N Sound Storage is a self-storage facility located in the Provo-Orem, MSA. Own this self-storage property situated on 5.05 acres of land, with 46,550 net rentable square feet and 314 total units.

  • Opportunity to Acquire a Self-Storage Facility in an Area with Significant Growth and an Ideal Demographic for Storage
  • Ability to Increase Rental Rates by Seven Percent to Reach Market Levels
  • Raise Revenue by Implementing Tenant Insurance and Administration Fee Programs
  • Significant Expansion Opportunities Available, Including the Ability to Upgrade Parking and Land to Storage
  • No Facilities in a Phase of Planning or Development Within the Five-Mile Radius
  • Strong Population Growth of 1.82 Percent in a Three-Mile Radius with Multiple Family-Focused Developments Nearing Completion
  • Above-Average Median Household Income at $82,425 in the Five-Mile Radius with Healthy Projected Growth
  • Proximity to New Spanish Fork Hospital Campus Which Opened in 2021 and a Regional Shopping Center Point to Extensive Future Development
  • Favorable Location Along Interstate 15 with Over 106,000 Vehicles Daily

Address

1971 N Chappel Dr, Spanish Fork, UT, 84660

Price

TBD by Market

Pro Forma NOI

$242,214

Net Rentable Square Feet
46,550 NRSF
Lot Size

5.05

Unit Count
314
Year Built
2001
Status

Active

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