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Life Storage (Managed)
Deal Highlights
- 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



